What is the Acquisition Cost?

The charges and expenses related to a real estate purchase, over and above the property’s price.

These expenses will include title insurance, credit checks, property appraisals and legal fees. These expenses are usually called the “closing” or “settlement” costs.

For more information, see also the following entries

• :Appraisal:
• :Closing Cost:
• :Credit Report:
• :Good Faith Estimate:
• :Real Estate:
• :Settlement:
• :Title Insurance: