What are closing costs and what role do they play in the real estate process? I touched on all of this and more in my most recent interview.
I recently sat down for an interview with my friend Elizabeth, who wanted me to answer a few of her questions about a very important subject: closing costs. This is something I think many homebuyers are unclear on, so I’m excited to shed some light on the topic for all of you today.
Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch the full message or use these timestamps to browse specific topics at your leisure:
0:53 - What exactly are closing costs?
2:41 - What do buyers and sellers each pay at closing?
5:12 - In today’s hot market, how likely is it that Phoenix sellers will agree to pay for buyers’ closing costs?
8:27 - A conclusion to today’s interview.
If you have any other questions or would like more information, feel free to give my team or me a call or send us an email. We look forward to hearing from you soon.