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@ Yahoo! Finance - by layer3.news
2025-06-14 23:56:00
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✍️ Buying a house comes with various costs, including closing costs, which typically range from 2% to 5% of the home's purchase price. Fortunately, some closing costs may be tax deductible, which can help offset the fees.
👉 Closing costs typically range from 2% to 5% of the home's purchase price
👉 Some closing costs may be tax deductible, including mortgage interest, discount points, and property taxes
👉 Homeowners can itemize their tax returns to deduct these costs
👉 Ways to reduce or offset closing costs include shopping around for mortgage lenders and third-party service providers, improving credit scores, and seeking down payment or closing cost assistance programs
#business
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