Who Should Pay Closing: Cost When Buying A Home

Mr. Henderson leaned back, crossing his arms. "In this market, the buyer usually handles the closing costs. That’s about three percent of the purchase price you’re asking me to cover."

The Tuesday morning air in the law office smelled faintly of old parchment and fresh espresso as Elena and Marcus sat across from the seller, Mr. Henderson. They were minutes away from signing the papers for their first home—a charming, slightly weathered Victorian on the edge of town. who should pay closing cost when buying a home

Elena looked at Marcus, who gave a small nod. By negotiating a credit, they wouldn't have to bring as much cash to the table, and Mr. Henderson would still walk away with his desired sale price. "Deal," Elena said, reaching for the pen. That’s about three percent of the purchase price

"The inspection found some outdated wiring," Elena said, her voice steady but polite. "We love the house, but between the down payment and our upcoming move, we’re looking at a tight budget for immediate repairs." Elena looked at Marcus, who gave a small nod