Buying a new home in Jacksonville can involve many fees, especially if it is a resale these days.  Why mostly resales and property listings in Jacksonville?  Most builders these days now have captive (or private) mortgage companies that work with their clients ti capture their mortgage business.  Builders are giving customers who use their captive mortgage companies to buy new homes in Jacksonville a break when it comes to many mortgage fees and/or closing costs.  This has helped fueled the Jacksonville real estate market over the last few years by making it affordable for buyers to minimize their out of pocket closing costs on new property.

However, resales are something different.  Generally buyers and sellers have their own closing costs which each is responsible for paying.  Taking aim on these costs when buying real estate in Jacksonville can help you save thousands if negotiated correctly with you existing lender.

http://money.cnn.com/2004/03/22/pf/yourhome/closingcosts/index.htm

 

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