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who pays closing costs when a home is sold

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August 28 2009 - Carefree
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The seller is responsible for their title costs as is the buyer. Other costs such as "LOAN COSTS" can be negotiated. However, the buyers agent is generally responsible for setting up the contract the first time around and can in most cases negotiate the seller to pay for such costs. That is if the buyers agent knows how to negotiate a contract. If you are not working with a buyers agent and you are negotiating with the selling agent...you generally don't stand a chance.
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August 29 2009
You must negotiate closing costs up front.  The amount the seller will pay is included in the contract (if any).  The majority of the closing costs are related to the buyers loan so if its not in the contract, the buyer will pay most.
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August 29 2009
Profile picture for wetdawgs
Usually the buyer.   Sometimes it can be negotiated, sometimes not.
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August 28 2009
"All things are negotiable"

for the real answer see  "search co" answer
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August 28 2009
Profile picture for Mr Caveat
generally both of you pay closing... and

LOL how obvious can you be?

SPAM.

the real question is, is this a real question?
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August 28 2009
The answer depends on the contract. However by default each party pays their own closing costs. You can use a [content removed by moderator for being self promotional] to figure out exactly what to expect at closing. In many local transactions the seller offers the purchaser paid closing costs, because then the buyer can finance the costs into the price of the home. Ultimately, unless it is a short-sale, the buyer pays everything in the end and it is numeric trickery to describe it otherwise. If you need additional assistance with the closing documents feel free to contact a [content removed by moderator for being self promotional] or a
[content removed by moderator for being self promotional]
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August 28 2009
 
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