Closing Cost Who's Responsible

Elite Realty Group · Buyer & Seller Guide

Closing Costs: Who’s Responsible?

A clear, elegant breakdown of buyer costs, seller costs, and negotiable expenses so you can move toward closing with confidence.

01

Seller Costs

  • Payoff of Existing Loan(s)
  • Prorated Taxes
  • Escrow Fee
  • Courier Fee
  • Tax Certificate
  • Document Preparation
  • Recording Fees
  • Termite Inspection (VA only)
03

Negotiable Costs

  • HOA Resale Certificate
  • HOA Transfer Fees
  • Home Warranty
  • Owner’s Title Policy
  • Realtor Commissions
  • Repairs
  • Survey

Closing Cost Snapshot

Responsibility Breakdown

Buyer Closing Costs85%
Seller Closing Costs90%
Negotiable Items65%

Buyer Tip

Review your loan estimate and closing disclosure carefully so you understand lender fees, prepaid items, escrow deposits, and cash needed to close.

Seller Tip

Ask for an estimated net sheet early. This helps you understand loan payoff, commissions, prorations, credits, and expected proceeds.

Elite Realty Group

Clear Numbers Create Confident Decisions

Elite Realty Group helps buyers and sellers understand closing costs, compare responsibilities, and negotiate with clarity from contract to close.

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