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Closing costs are giving sticker shock to home-buying Millennials

2015-04-06 05:16:46| Real Estate - Topix.net

Millennials are the largest home-buying segment in the U.S. right now and yet, when the time comes to purchase a house, many of them have no idea that they'll have to pay what usually amounts to several thousands of dollars in closing costs . A national survey by ClosingCorp found that about two-thirds of potential homebuyers between the ages of 18 and 34 were unfamiliar with closing costs.

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