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After surveying 1,000 first-time and repeat home buyers, a survey conducted by ClosingCorp found that 17% of home buyers were surprised that closing costs were required at all, while another 35% were stunned by how much higher the fees were than expected.

According to Freddie Mac, closing costs are around 2-5% of the purchase price.

Remember: ask your agent the prices up front and tell them the full range of your budget to insure no surprises at closing.

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