Closing Costs: Difference between revisions

From Open Source Ecology
Jump to navigation Jump to search
No edit summary
No edit summary
 
Line 6: Line 6:


Typical 3.5% [https://www.realtor.com/advice/finance/realtor-fees-closing-costs/]
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.

[1]

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].