fees when buying a home

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: Ensures no one else has a claim to the property. Expect to pay 0.5% to 1% of the purchase price for this protection.

: Charged by the lender for processing your loan, often around 1% of the total loan value.

: A "good faith" deposit given when your offer is accepted, typically 1% to 2% of the purchase price.

: Experts recommend saving 1% to 3% of the home's value every year for upkeep.

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