Traditionally covering both the listing and buyer's agent fees. Taxes: Government transfer taxes and recording fees.
Owner's title insurance (to protect the buyer) and HOA transfer fees. Can These Costs Be Negotiated? Common Closing Costs for Buyers who pays closing costs when buying a house
While specifics vary by state and local custom, the typical responsibilities include: Usually pay 2%–6% of the loan amount. Traditionally covering both the listing and buyer's agent
Private Mortgage Insurance (PMI) or upfront government funding fees (FHA/VA). prorated property taxes
Homeowners insurance (often one year in advance), prorated property taxes, and escrow reserves. Due Diligence: Home inspection and appraisal fees.
Loan origination, application fees, and credit report fees.
Often pay 5%–10% of the sale price, though most of this is deducted from their sale proceeds.