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Who's Responsible for What

Either side of a real estate transaction (buyer or seller) will have some "closing costs." As a seller, any mortgage balances, prorated insurance, and taxes will need to be paid off at closing. Also, in this market, a seller usually pays brokerage fees, title insurance, and for a termite inspection.

 

In some situations, a buyer may ask for the seller to assist in paying their closing costs. In this circumstance, this would be figured into the purchase price of the home.

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Prior to listing your home, we will review a estimated cost sheet, so you will have an idea of the expenses involved.
 

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