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Who Pays Closing Costs? Buyer Or Seller? 

Win The House You Love
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When you're buying or selling, it can be difficult to know exactly how much it will cost. At the end of the day, the biggest thing you want to know as a buyer is "how much am I paying" and as a seller "how much am I getting".
So, who pays closing costs? Both the buyer and the seller pay the closing costs associated with a real estate deal. The buyer and seller have different 3rd parties working with them to help them close the deal quickly and accurately.
Read the article here: kyleseagraves....
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Kyle Seagraves
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All information provided in this publication is for informational and educational purposes only, and in no way is any of the content contained herein to be construed as financial, investment, or legal advice or instruction. Motto Mortgage does not guarantee the quality, accuracy, completeness or timelines of the information in this publication. While efforts are made to verify the information provided, the information should not be assumed to be error free. Some information in the publication may have been provided by third parties and has not necessarily been verified by Motto Mortgage. Motto Mortgage, its affiliates and subsidiaries do not assume any liability for the information contained herein, be it direct, indirect, consequential, special, or exemplary, or other damages whatsoever and howsoever caused, arising out of or in connection with the use of this publication or in reliance on the information, including any personal or pecuniary loss, whether the action is in contract, tort (including negligence) or other tortious action.

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16 авг 2024

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Комментарии : 17   
@josefe1000
@josefe1000 3 года назад
Thanks,just the information I was looking for.
@WinTheHouseYouLove
@WinTheHouseYouLove 3 года назад
Glad I could help!
@katherinetanner9834
@katherinetanner9834 3 года назад
Question: When the seller sells to an investor who pays cash, What kind of closing costs is the SELLER supposed to expect besides real estate taxes owed and remaining mortgage owed? since the investor pays cash, there is no bank involved ? But perhaps admon fees for the seller?
@WinTheHouseYouLove
@WinTheHouseYouLove 3 года назад
A buyer's use of cash or financing won't affect the seller's costs at all.
@gothamknight2700
@gothamknight2700 Год назад
Very well explained.
@WinTheHouseYouLove
@WinTheHouseYouLove Год назад
Thanks!
@funentertainment4730
@funentertainment4730 2 дня назад
I have questions if seller sell hunted homes 🏡 what buyers can do against seller
@dede_ramirez
@dede_ramirez 3 года назад
I am current selling my house, Neither the buyer or me have a realtor, buyers have the bank doing all the paper work, as a seller what am I responsible for? Fyi I don’t have a mortgage
@WinTheHouseYouLove
@WinTheHouseYouLove 3 года назад
As a seller you are responsible of real estate transfer taxes, which are charged when the title for the home is transferred from the old owner to the new owner. :)
@dede_ramirez
@dede_ramirez 3 года назад
@@WinTheHouseYouLove thanks for replying, My taxes where paid November 2020 so they are not due till November 2021, how would that work?
@bradsheppard6407
@bradsheppard6407 3 года назад
im still waiting for him to tell me who should pay?
@WinTheHouseYouLove
@WinTheHouseYouLove 3 года назад
both
@thomasalewis340
@thomasalewis340 3 месяца назад
How much are lender fees? Is $1640 too much to pay?
@WinTheHouseYouLove
@WinTheHouseYouLove 3 месяца назад
On average they're around $1000
@izaacf.2560
@izaacf.2560 3 месяца назад
Hey Diana. How did it go? Im currently on the same position
@WinTheHouseYouLove
@WinTheHouseYouLove 3 месяца назад
Did you mean to reply to a comment?
@mmm77171
@mmm77171 2 года назад
Hi I have a realtor who trying to sell my vacant land. She told me we got an offer for $60k. As a seller can I ask them to pay closing cost? Also what would I pay out of this $60k I want to make sure I get the most out of this deal because I’m trying to buy another home.
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