Both the homebuyer and seller have closing costs. The home seller typically pays the real estate agent’s commission, usually around 5% to 6% of the home’s sale price.

Some other costs commonly paid by the seller include:

🔸Government transfer tax
🔸Recording fees
🔸Outstanding liens
🔸Attorney fees

Additionally, if the buyer has negotiated any credits to be paid at closing for repairs or closing costs, the seller will pay those too.

Your real estate agent or the closing agent should provide you with a complete list of costs you’ll be responsible for at the closing table.
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