What is included in seller paying closing costs?

Posted on April 27

Question: My realtor says that seller automatically pays closing costs, so, it does not need to be written into the contract, is this true?

Answer:
I write quite a few loans and what your realtor said is not correct. Of course, the seller has a significant number of their own closing costs, but, you’ll have all of your origination, title and taxes. If you’d like a summary of the typical buyer side costs, please let me know and I’ll gladly help you with a quick summary.

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