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FAQ: What are closing costs?

Posted by: raindrop 6 years, 3 months ago

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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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