va: Who pays what cost in a real estate transaction?
- 09/10/08 11:57 AM
One question that I am frequently asked by clients is: which services are they expected to pay upon the closing of a real estate transaction? While the answers vary and most expenses are negotiable the following table indicates who customarily pays for the service. The table includes three categories Cash sale, Federal Housing Authority (FHA), and conventional loans. There may be other cost that are not included, however the list includes the most common real estate, loan and title fees that are incurred in a real estate sale. I have purposely excluded Veterans Administration guaranteed (VA) loans from the table as … (0 comments)
One question that I am frequently asked by clients is: which services are they expected to pay upon the closing of a real estate transaction? While the answers vary and most expenses are negotiable the following table indicates who customarily pays for the service. The table includes three categories Cash sale, Federal Housing Authority (FHA), and conventional loans. There may be other cost that are not included, however the list includes the most common real estate, loan and title fees that are incurred in a real estate sale.;)
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