Seller pays for closing costs?
Hi Jess, I dont think it would be possible to get the seller pay the entire closing cost… Buyers typically pay the following closing costs: fees charged for obtaining a mortgage; inspection fees; homeowner’s insurance ; transfer taxes if there are any (although the seller may pay these or they may be shared 50-50 between buyer and seller); title insurance and escrow fees ; and attorney’s fees (If involved). Your real estate agent or mortgage broker can tell you which fees are customarily paid for by the buyer in your area and how much they’ll cost. Sellers’ closing costs typically include: loan payoff fees; the real estate commission (in some cases, a portion of this may be paid by the buyer); title insurance ; termite repairs (this is negotiable in some areas); all or part of transfer taxes and escrow fees, if there are any; attorney’s fees where applicable; and other fees set by local custom or negotiated during the transaction. Sellers can get an accounting of the closing costs th
