Both buyers and sellers contribute to closing costs, though the distribution depends on the transaction and local customs. Buyers usually cover lender‐related fees (application, underwriting, appraisal) and recording fees. Sellers often pay real‐estate commissions and may agree to cover some of the buyer’s costs as part of the negotiation. The total cost for sellers can range from 2% – 4% of the sale price, but including commissions it may be 8% – 10%. Your agent will review the settlement statement with you so there are no surprises on closing day.

Learn more by exploring our neighborhood pages, such as Lancaster, to see how closing costs can vary by area.