- Homebuyers
- May 2, 2025
Escrow Fees Explained: What Every Homebuyer Should Understand
Homebuyers are also responsible for paying closing costs, which generally includes putting money into an escrow account until the sale goes through.
Contributing Writer, New American Funding
Karon Warren covers personal finance topics for numerous outlets including Investopedia, U.S. News & World Report, the Atlanta Journal-Constitution, and many others. A member of the American Society of Journalists & Authors, Karon earned her journalism degree from the University of Southern Mississippi.
Homebuyers are also responsible for paying closing costs, which generally includes putting money into an escrow account until the sale goes through.
Homeowners should understand capital gains taxes, and how they may be able to avoid the taxes, before they sell their home.
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