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  2. How much are closing costs when selling a house? - AOL

    www.aol.com/finance/much-closing-costs-home...

    Common closing costs for sellers. First, let’s clear up a common misconception: Closing costs are not the same thing as real estate commissions, though they are often grouped under the same ...

  3. How much money do you get when you sell your home? - AOL

    www.aol.com/finance/much-money-sell-home...

    The largest cost will likely be real estate agent commissions, which are paid by the seller and usually amount to between 5 and 6 percent of the sale price. If you sell your home for $300,000, a 5 ...

  4. Who pays closing costs, the buyer or the seller? - AOL

    www.aol.com/finance/pays-closing-costs-buyer...

    Closing costs are the associated fees and expenses that are paid when a real estate transaction closes. Both buyers and sellers incur some form of closing costs, but many items can be negotiated.

  5. Closing costs - Wikipedia

    en.wikipedia.org/wiki/Closing_costs

    The listing broker may offer buyer agents a portion of their commission as an incentive to find buyers for the property. Payment is required if real estate brokerage service was used. This is often one of the largest closing costs. Mortgage application fees, paid by the buyer to the lender, to cover the costs of processing their loan ...

  6. Real estate contract - Wikipedia

    en.wikipedia.org/wiki/Real_estate_contract

    A typical real estate contract specifies a date by which the closing must occur. The closing is the event in which the money (or other consideration) for the real estate is paid for and title (ownership) of the real estate is conveyed from the seller(s) to the buyer(s). The conveyance is done by the seller(s) signing a deed for buyer(s) or ...

  7. Good faith estimate - Wikipedia

    en.wikipedia.org/wiki/Good_faith_estimate

    1101 - Closing or Escrow Fee; This is the cost of escrow. This is the service of a neutral party that actually handles the money between all the different parties in a real estate transaction, including: the lender, the buyer, the seller, the agents, notary, etc.

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