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Who Pays Closing Costs - Buyer or Seller
Who pays closing cost when I purchase a home – buyer or seller?
Both buyer and seller pay their own closing costs fees. Typically, when an offer is accepted you will have buyer and seller pay their own fees. Sometimes when you have a first-time buyer you may have seller assist in closing costs or if you have a distressed seller you may have the buyer assisting with closing costs.
Here is a list of some of the Closing Cost fees you will incur when purchasing a property.
Closing Costs
Non-Recurring Closing Costs Associated with the Lender
Appraisal fee:lender will want to verify that the property’s value is comparable to similar property based on recent sales in your area.
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In today's competitive market, you need a passionate, local advisor that can help you navigate the home buying and selling process. As a valued client, you'll receive:
• Expertise on neighborhoods and the local markets
• Innovative strategies to market and sell your home
• Additional insights into listings that are not accessible online
• A proven negotiator who will be with you every step of the way
• A trusted and knowledgeable partner through closing and beyond