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I am planning to be a first time house buyer this spring 2013 (so this may be an obvious question to others):
Do I (as the buyer of a house) change all the locks upon taking possession of a home that was previous owned? Is that lock change expense included in closing costs, or is it an extra expense I should budget in advance?
Buyer responsibility. Cost depends on where you live. Cheaper in states that don't require a licensed locksmith to alter the keys/lock. CA for example.
If you call a locksmith to come to your home to re key, it is approx. $20 per lock.
If you take out the key cylinder, yourself, and take it to a hardware store to re key, it is about $10 per lock.
Vicki
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