Share this

Reading Time:
minutes remaining

Closing Costs

The miscellaneous costs that the buyer and seller incur to complete or “close” a real estate transaction. These costs are in addition to the price of the property expenses incidental to the sale of real estate, including loan, title, and appraisal fees. The agreement of sale negotiated previously between the buyer and the seller may state in writing who will pay each of the above costs.

« Back to Glossary Index

Loved this? Spread the word


About the Author

kyle

Related posts

Junior Mortgage

Read More

Junior Lien

Read More

Judgement Proof

Read More

Judicial Foreclosure

Read More
{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}

Subscribe to our newsletter now!

>