Episode 7: Closing Costs! Be Aware!
In this episode of Rock the Closing, we dive deep into the world of closing costs and what buyers and sellers need to prepare for beyond the purchase price. Discover the various costs associated with closing a real estate transaction, how to estimate them, and the differences between costs for buyers and sellers. We also cover typical scenarios that might result in additional credits or adjustments, and the importance of being prepared for unexpected expenses.
IN THIS EPISODE, YOU’LL LEARN:
The types of closing costs buyers and sellers need to anticipate.
When and how to discuss and estimate these costs.
Differences in closing costs for co-ops versus condos.
Common adjustments and potential credits that can occur during closing.
Scenarios where money might be held back from the seller at closing.
Join us to make sure you’re fully prepared for all aspects of closing costs in your real estate transactions!
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Music Credits
Music by SoundHills, Beautiful Minds. Find more at https://protunes.net/
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Disclaimer:
Thank you for tuning in to RTC! This podcast is hosted by real estate attorneys, who offer valuable insights. Please remember that the content is for educational purposes only and does not constitute legal advice. Always consult a qualified professional before making any decisions. This podcast is copyrighted by Rock the Closing, and any reproduction, syndication, or rebroadcasting of the content requires written permission.