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What closing costs are the purchasers responsibilities?

April 26, 2017closing costs purchaser responsibilities

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What closing costs are the purchasers responsibilities?

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Regardless of the type of sale, the purchaser is responsible for all closing costs. Certain terms and conditions regarding expense adjustments will vary between sales as well as interest accruing from the sale to settlement date on the unpaid purchase money. The prospective purchaser needs to read the terms carefully, consult an Attorney, or inquire with the Auctioneer or Trustee regarding any questions.