What Buyers and Sellers Should Expect to Pay at Closing

After more than 25 years navigating both real estate and mortgage transactions, I’ve seen how closing costs can surprise buyers and sellers alike. Whether you’re handing over keys or picking them up, expect expenses like commissions, title insurance, taxes, various fees, inspections, and prepaid items to appear at the finish line. Some of these costs are set in stone (like taxes), while others are negotiable depending on the deal. Understanding the split—and knowing what’s flexible—can help you approach closing with confidence and clarity.