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Posted by buckwesson 2 years ago In:

buckwesson
buckwesson Asked:

What is the closing cost on a sale of a house ...

what is the closing cost on a sale of a house bassed on: amount of loan or value of property? and what percentage does the seller pay of the closing cost?                        

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HIC_Steve
HIC_Steve Answered:

Closing costs -- miscellaneous fees charged by those involved with the home sale (such as your lender for processing the loan, the title company for handling the paperwork, a surveyor, local government offices for recording the deed, etc.). The amount varies, but could be, say, $6000 on a $130,000 house. The range is all over the map -- from 1 to 8% of the price of the home, though more typically 2-3%. The costs are significant

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windowbugg
windowbugg Answered:

you can always get a no closing cost home loan for a refinance. And rates will be nearly similar to interest rate with 1 point.

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