Finally, at the closing table, Sarah and Mike had to "prepay" for certain future expenses:
Here is the story of the fees they encountered on their way to the front door: The "First Impressions" Fees fees when buying a house
Meet Sarah and Mike. They just found their dream cottage for $400,000. They have their 20% down payment ready, but their lender just handed them a "Loan Estimate" that made them realize the sticker price was only the beginning. Finally, at the closing table, Sarah and Mike