Aside from VA loans, the buyer will almost always have closing costs to pay. But the seller has certain costs to pay as well. Sellers are usually responsible for the real estate agent's commission (if applicable), title transfer fees, prorated taxes and utilities.
On average closing costs run between 2%-5% of the purchase price. However, the buyer is not the only party that must pay fees at closing. Sellers must pay for both their real estate agent's, and the buyers agent's commission that is typically 6% of the sales price .
You are only hurting yourself if you don't know who pays closing costs when buying a house. Closing costs can add up to a significant amount, so be sure to .
Read our comprehensive guide to learn all about what house closing costs are,. While buyers have more items to pay for at closing, it's often up to the seller to .
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