Brian Ripp ~ Your Bay Area & Fremont Real Estate & Financial Agent » closing costs http://brianripp.com Realty World - Viking Realty / Family owned since 1971 Sun, 05 Feb 2012 17:00:22 +0000 http://wordpress.org/?v=2.9.1 en hourly 1 Avoid Unexpected Transaction Costs http://brianripp.com/2010/01/25/avoid-unexpected-transaction-costs/ http://brianripp.com/2010/01/25/avoid-unexpected-transaction-costs/#comments Mon, 25 Jan 2010 21:22:51 +0000 Brian Ripp /?p=277 When looking at the real estate purchase contract, most buyers focus on the sales price – but the price isn’t the only factor that determines the bottom line.  Is a bargain really a bargain if the buyer is paying all the transaction costs?

Before you decide to go with a great price, make sure you know the transactions costs and who will pay for what.  Typical costs include  a home inspection, a termite inspection, title and escrow fees, transfer taxes & recording fees.  These costs vary grealty around the country.  Who pays for what can be negotiated, and sometimes the customary local practice is applied.

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