Lower Closing Costs

Hawaii is among the top five states with the highest closing costs.

Home buyers—eager to get the keys to their new place—must first cover myriad costs, including agent commissions, attorney fees, lender fees, mortgage insurance, a title search, recording fees, real-estate taxes, survey costs and an appraisal (sometimes two on a jumbo loan). Closing costs can vary depending on which lender is used, what state you live in, the price of the home and even the day of the month the closing takes place.

But a little research and comparison shopping can help buyers reduce these out-of-pocket costs.

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How Home Buyers Can Lower Closing Costs