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FAQ: What are closing costs?

Posted by: raindrop 7 years, 8 months ago


Closing costs are costs that are incurred by both the Buyer and the Seller during the transfer of ownership. 

Closing costs vary depending upon which party you are in a transaction, and by the transaction itself.  Buyers and Sellers have customary closing costs that are paid respectively, but who pays for closing costs are all typically negotiable!



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