Closing Cost Reform: Long Overdue and Worth the Fight (Part 1)
The Stoop (NYU Furman Center)
APRIL 29, 2024
For the buyer, closing costs vary significantly by state, reflecting different state regulations and laws. Insights from the NAR lawsuit and settlement In 2023, the NAR and certain large brokerages were sued in Missouri federal court via a private class-action lawsuit. Nevertheless, as a generalization, the cost is between 0.5
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