Hi! It is so exciting to contemplate buying a home! In general, the buyer pays these closing costs:
Flood certification fee
Tax servicing fee
Credit report fee
Bank processing fee
The seller generally pays the commission to the realtor and the balance of the property tax costs. The seller may also have to pay for repairs negotiated by both parties.
However, the closing costs are negotiable between buyer and seller and the general info above can be different. There can also be additional costs not captured here.
I hope this helps! Best wishes to you in your home purchase or sale and thanks for writing!
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