Who Pays Closing Costs In A Real Estate Transaction?
You've made it through the gauntlet of finding the perfect property, enduring inspections and negotiations. Before you get ready to coast into closing, there's a few things to know about the fees and costs that come up at the end of the transaction. The last thing that any seller or buyer wants is to be hit with a surprise fee right before signing.
In Portland and its metropolitan area, sellers and buyers share some of the closing costs (think escrow fee), while others are specific to each side. Varying counties in Portland also carry different sets of fees. For example, Washington County requires a fee be paid to transfer the title to a new owner.
Improve your knowledge and understanding of closing costs for your next transaction!
As always, we're here to help you with all of the moving parts of your real estate transaction. Never hesitate to call us!