What are closing costs and how much are they?
Closing costs are the additional costs related to finalizing a deal or purchase. That includes things like third-party escrow, and/or legal fees.
Using Broker.xxx as your escrow agent is FREE, and there are no additional fees unless you use an alternative service.
We are a full service broker and will refer our client (that’s you) to our legal firm to draft the final Purchase Agreement if desired. We cannot act as legal representation or provide you with legal agreements (and you should never use documents found on the Internet). But depending on your arrangement with us, the purchase agreement and legal advice may be provided by Broker.xxx at no additional cost.
For most deals through our platform, there are no significant closing costs and each side pay their own legal fees if they are having contracts reviewed, and so on.