Closing Costs: Difference between revisions
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Notes of 6 main costs in work doc on Contract page [https://docs.google.com/presentation/d/1-8U3PYujpg4Flsnfhl5-A3jvlPwJg5wHFmkX3O_O1vM/edit?slide=id.g33e1fc0e9d2_0_53#slide=id.g33e1fc0e9d2_0_53]. | Notes of 6 main costs in work doc on Contract page [https://docs.google.com/presentation/d/1-8U3PYujpg4Flsnfhl5-A3jvlPwJg5wHFmkX3O_O1vM/edit?slide=id.g33e1fc0e9d2_0_53#slide=id.g33e1fc0e9d2_0_53]. | ||
Typical 3.5% [https://www.realtor.com/advice/finance/realtor-fees-closing-costs/] | |||
Your negotiating skills (or your agent’s) come into play when it comes to who pays the closing costs. There is no cut-and-dried rule about who pays the closing costs—the seller or the buyer—but buyers usually cover the brunt of the costs (3% to 4% of the home’s price) compared with sellers (1% to 3%). [https://www.realtor.com/advice/finance/realtor-fees-closing-costs/]. |
Latest revision as of 00:38, 6 April 2025
2-5% of the cost of the house. Consists of a slew of 28 possible costs.
Notes of 6 main costs in work doc on Contract page [2].
Typical 3.5% [3]
Your negotiating skills (or your agent’s) come into play when it comes to who pays the closing costs. There is no cut-and-dried rule about who pays the closing costs—the seller or the buyer—but buyers usually cover the brunt of the costs (3% to 4% of the home’s price) compared with sellers (1% to 3%). [4].