Calculate Closing Costs - Sell
Buyers bear the bunt of the burden, but seller's don't get off scot-free.
Depending on the market, a seller may choose to pay the bulk of closing costs, though traditionally in the DC Metro Area it's the buyer's responsibility. That doesn't mean the deal is pure profit for the seller, though. Sellers will typically pay real estate commissions, settlement fees, transfer taxes and other items. A seller may even have to credit the buyer for unpaid real estate taxes. We outline those costs in this section.
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Closing Costs Explained Visually
Whether you're shopping for a new home or refinancing your current one, you'll feel more in control if you fully understand the closing process.
