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Updated 10 months ago, 02/02/2024
Purchase agreement defines seller to cover closing cost - what does it mean?
Hi BiggerPockets Community!
I have a purchase agreement with below terms. My understanding is that Seller pays closing costs as per this contract, including Owner's title insurance, settlement fee to title company and any other Title and Escrow/Settlement Charges. The escrow company says that each party (buyer and seller) pay their own part.
Any help would be appreciated!
Thanks!