How are closing costs paid?
Typically, the closing costs are paid based according to the standards and customs for the state and county where the property is located. Please refer to the purchase and sale agreement for a summary of how the closing costs are handled. Typical closing costs include escrow fees, recording fees, lenders title insurance premiums and expenses, loan fees, document processing fees, document transfer taxes, homeowners’ association dues and other miscellaneous and customary expenses and taxes.
