Closing Costs

Closing costs generally include the following and for the most the buyer and seller negotiate "who pays what":

  • Title Insurance Premiums
  • Government Recording Fees
  • Real Estate Agent Commissions
  • Transfer Taxes
  • Stamp Fees or Stamp Tax
  • Inspection Costs
  • Loan Fees and Points
  • Escrow Agent Fees
  • Homeowners Insurance and Property Taxes (typically pre-paid by the buyer but a "closing" cost nonetheless)