Who pays closing costs?

Both buyers and sellers have closing costs. Typically buyers pay lender fees, inspections, title insurance in some markets, and prepaid items like taxes and insurance. Sellers usually pay real estate commission and certain title or municipal fees. The split can vary by state and is sometimes negotiated in the contract.

In my state (Georgia) closing costs are negotiable, so it depends on other aspects of the offer. I.e How competitive you want to be, purchase price, terms etc. Commission is typically paid by the Seller.

Hello Javier. This answer can change locally. I would contact a few local Realtors and see who you feel comfortable with. Ask friends and family. Do your research on the Realtor. How long have they been in business? Do they know the area you are looking in? Are they full time or part time? Are they good with communication? Don’t sign a buyer contract until you are comfortable with your choice. A local Realtor can explain the entire process to you at no cost. They can also help you find a local lender who can further explain the financial part of the sale. Closing costs and commissions vary by location and also the current real estate market. Here in PA we aren’t seeing sellers paying buyer’s closing costs however when the market shifts we do. Also, here in PA the seller typically pays the sales commission.