Normally I write all the material myself, but there was no sense in reinventing the wheel with the following info that both buyers and sellers should recognize.
Some people understand what the items are that make up the closing costs and just what a quotation.
Some people have had bad experiences where they found that the actual closing costs were a lot higher than they were led to believe. One of the problems that people have with understanding closing costs is that the bleeping forms mandated by the government at just a bit confusing. Lenders Title Insurance - whether you are purchasing or refinancing your existing loan the lender will require a policy of title insurance. If they miss something, it's their problem. They get all the money from everyone who has to put money in and they dispense it to whomever needs to be paid.