Closingbird Blog
Posts tagged “Closing Costs”
Practical guides for transaction coordinators and the agents they work with: deadlines, contingencies, documents, signatures and keeping every party in the loop.
Transaction Coordination
Earnest Money vs Down Payment: The Difference and How Each Is Credited
Earnest money is a good-faith deposit paid days after acceptance; the down payment is the part of the price you don't borrow, paid at closing. How the deposit is credited, program minimums, and what …
Transaction Coordination
Closing Costs for Sellers: What Sellers Pay and Who Pays What
The costs that come out of a seller's proceeds, from commission and transfer taxes to the payoff, prorations and title and escrow …
Transaction Coordination
Cash to Close vs Closing Costs: What's the Difference?
Closing costs are the fees for the loan and the transfer; cash to close is what the buyer actually brings. How the …