Closing costs of a purchase and/or loan are a significant closing expense. While the “standard form” contract allocates these expenses a certain way, generally favoring the buyer over the seller, all of these expenses are negotiable. Before you sign a contract, you should know what your costs will be, and you should be aware of how these costs will impact what you receive, or pay, at closing. Unanticipated closing costs are not a good surprise at closing.
Mitch