Highlands NC Real Estate, Closing Costs For Buyers & Sellers
There are closing costs for both buyers and sellers with a Highlands NC real estate transaction. Additionally, many of these costs are negotiated with a purchase contract. Knowing exactly what closing costs represent as well as what the actual costs are will help avoid surprises at the closing table. An experienced Highlands NC REALTOR will ensure that buyers and sellers know exactly what to expect throughout a transaction.
What are closing costs?
Closing costs are costs associated with different aspects of the sale of a Highlands NC property. These costs are tied to loans, inspections, surveys, title work, repairs, and commissions, among other things. While many of these costs are thought to belong specifically to a buyer or a seller, the truth is that they are negotiable. Often some of these costs are shared, split between both parties. Additionally, there are times when it is negotiated that the seller takes the expense of a survey, for example.
Settlement sheet lays it out
A settlement sheet lists the expenses tied to a Highlands NC real estate transaction, including who is responsible for these expenses. The settlement sheet will be provided prior to closing and is important to look at. Any questions should be asked and a REALTOR will ensure you get the answers necessary. The important thing is to know what costs you will be picking up so that you are not caught off guard.
Learn more about selling Highlands NC real estate
Contact our team at Berkshire Hathaway HomeServices Meadows Mountain Realty today to learn more about selling homes in Highlands NC. We welcome the opportunity to update you on market conditions while sharing a complimentary listing presentation at the same time. Let our knowledge and experience serve as your guide to selling Highlands NC real estate.
Click here to read “Sellers Have Closing Costs Also” from Realty Times.