Who is responsible for closing costs?

Closing costs are typically shared between the buyer and seller, but local practices and loan types affect who pays what. Buyers often cover lender fees, inspections, appraisals, and escrow costs. Sellers usually pay agent commissions, title transfer fees, and prorated taxes.

Some government-backed loans, like VA or USDA loans, have rules about which fees the seller must cover. Buyers and sellers can negotiate to split, reduce, or roll costs into the home price.

Understanding responsibilities before signing the contract helps avoid confusion and ensures a smoother closing. Your real estate agent can explain typical practices in your area and help you plan for these costs.

The McKellar Group real estate professionals are here to guide you every step of the way. Whether buying, selling, or closing, we provide expert support to help you move forward with confidence. Request a free consultation with our Lake Conroe team!