Whether you’re buying or selling a home, you’ll want to know what are the seller contributions towards the buyer’s closing costs. These contributions can be a powerful incentive for selling a property because closing costs can add up very quickly. In some cases, closing costs can be between 3% and…
Category: Real Estate Closing Costs
What is real estate closing costs?
Real estate closing costs are fees paid at the time of closing in addition to a down-payment. The closing fees can vary depending if you are paying cash or using a mortgage to purchase a real property. The buyer’s closing fees can be anywhere from 3.0% to 6.0% of the…