Who pays closing?

Closing costs are not always paid by the buyer. Although some sellers try to make these costs a part of the buyers out of pocket expenses, these fees are actually negotiable. Make sure you include your terms in your offer. 

A good reason to request the seller pay closing is because they are getting their asking price and the financing is coming from the bank. Likewise, if you as the buyer were to get seller financing it would be good for you to pay closing.

Although this is the general frame of mind this varies from case to case. It all depends on how flexible the seller is going to be. You may find a seller who just wants to get rid of their property by any means necessary. In some cases it has been known that a seller will finance 100% of the equity and pay closing and realtor fees as well.

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