costos de cierre
/kostos de θjere/from spelling rules
In Spanish, the phrase for closing costs is costos de cierre.
This phrase refers to the fees and expenses paid at the end of a real estate transaction to finalize the purchase of a property.
What does it mean word for word?
The phrase is a literal translation where costos means 'costs' and de cierre means 'of closing'.
Is it said differently in some regions?
The form costos de cierre is more commonly used in Latin America.
How does it change in a sentence?
To refer to a single closing cost, use the singular form costo de cierre.
Did you know?
- In many Spanish-speaking countries, the process of cierre involves a notario, who is a high-ranking legal professional with more power than a typical English-speaking notary public.
- The word cierre comes from the verb cerrar, which shares an ancient root with the English word 'series', both tracing back to the idea of joining or connecting things together.
- While costos de cierre is common in Latin America, in Spain you might hear real estate professionals use the term gastos de escrituración to refer to the specific costs of finalizing the legal deed.
Examples in context
- Los gastos de cierre deben pagarse antes de finalizar la compra del inmueble.The closing costs must be paid before finalizing the purchase of the property.
- Los costos de cierre son bastante altos.The closing costs are quite high.
- ¿Podría darme un estimado de los costos de cierre?Could you give me an estimate of the closing costs?
- Debemos incluir los costos de cierre en el presupuesto.We must include the closing costs in the budget.
Example conversation
Sofía and Alejandro are discussing the purchase of a new home.
- SofíaAlejandro, ¿ya revisaste los costos de cierre?Alejandro, did you already check the closing costs?
- AlejandroSí, Sofía, son más caros de lo esperado.Yes, Sofía, they are more expensive than expected.
- Sofía¿Podemos pagar los costos de cierre en cuotas?Can we pay the closing costs in installments?
- AlejandroNo, tenemos que pagarlos todos al final.No, we have to pay them all at the end.
Sources
- IPA marked “from spelling rules” is derived from standard Spanish spelling, where Wiktionary gives none.
- Word origins: Wiktionary entries cierre, de, CC BY-SA 4.0.
