All real estate transactions include closing costs. When a loan is described as having 'no closing costs,' it simply means that the closing costs are rolled into the loan. This may be an advantage for a first time buyer who is trying to scrape together a down payment. Generally speaking, however, it's wise to pay the closing costs at the closing, if at all possible. If you get a 'no closing cost' loan, you are, in effect, paying for those closing costs over thirty years (or whatever the term of the mortgage might be).
I am the buyer. Closing on the 25th. Seller wants to stay in house for three days *after* closing. How can I *best* limit my liabilities if someone were to get hurt , brak something ? etc... Is there a legal form online I can download/print ?