Sellers and buyers both have their own set of closing costs. A seller will pay the realtor commission, some Title Co fees, usually the Title Policy, home warranty, prorated property taxes and HOA dues.
The Closing costs are negotiable. The seller may pay costs on behalf of the buyer up to 6% on certain financing. The buyer may also qualify for closing cost assistance through a Down Payment Assistance program. If you need more information, I'd love to help you.
Tamara Barnett-Mimms with Texas Home Group
Good evening! As others have said, payment for closing costs is entirely negotiable. Realtors fees usually will be paid by the seller, as well as the title policy. Costs that are associated with obtaining the loan, such as the lenders title insurance, usually are paid by the buyer. In a sellers market, such as we are currently experiencing, the seller may expect the buyer to take on the brunt of the burden. But again, it is all completely negotiable.
Hope this helps!
Andrea Usanga
REALM Real Estate Professionals - Sugar Land
Phone: (832) 577-4602
Email: ahinckson@yahoo.com
Web: http://www.har.com/AndreaUsanga
"Going the Extra Mile to Bring You Home"
The buyer(s) and the seller(s) each have closing costs during a real estate transaction. If the buyer is financing they will have costs associated with the lender. There are also fees to the title company, taxes to be prorated, and possibly HOA fees to be prorated. The seller typically pays the REALTOR fees though everything is negotiable. These are just a few of the possible fees. To receive a more complete list of fees contact me directly. I can help you contact a local title company.
I hope this was helpful!
Dori Lacamu
Broker Associate
Keller Williams Metropolitan
(281)788-0495
Dori@DoriLacamu.com
www.DoriLacamu.com