[Asiann]

Oh yeah, try to avoid paying closing cost. Depending on the seller and activity in your area closing cost are paid by the seller. Some may pay all or make the buyer pay some. Realtors fees are usually split with 3% for each and added as closing cost. This can get expensive so have some cash avail for cloding. You can add the closing cost to the mortgage to get you in with little money. Prepaids are something that you will have to pay at closing regardless. You will pay for interest which is why I said top close at the end of the month. Insurance for a year is prepaid. Loan origination fee applied to every loan. Property tax and Hazard Insurance for 3 months in a reserve or escrow. They will usually tell you what you need to bring to the table for closing cost.