closing costs

noun

: the extra amounts of money that people need to pay when they buy a house

Examples of closing costs in a Sentence

Recent Examples on the Web Offers first-time homebuyer grants for eligible applicants to use towards closing costs and down payments. Kelsey Neubauer, CNBC, 11 July 2024 Sellers will not have to pay any realtor commissions, or any of the extra closing costs associated with listing their home. Kc Property Group, Kansas City Star, 7 July 2024 Like other local banks, Bank Midwest has a program to help first-time and minority home buyers reduce closing costs and monthly mortgage payments. Eric Adler, Kansas City Star, 24 June 2024 Other expenses include repairs, improvements, renovations, closing costs, concessions, moving costs, marketing, and signage, according to a report released on Monday by Clever Real Estate, a platform that connects buyers and sellers with real estate agents. Eleanor Pringle, Fortune, 20 June 2024 See all Example Sentences for closing costs 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'closing costs.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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Cite this Entry

“Closing costs.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/closing%20costs. Accessed 26 Jul. 2024.

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