Page 40 - Homeowners Manual - San Mateo County
P. 40
Closing Costs
The buyer and seller will pay “closing” or settlement costs, an accumulation of separate charges paid to different
entities for the professional services associated with the buying and selling of property�
Some closing costs might include real estate commissions, appraisal fees, loan fees, escrow charges, advance
payments like property taxes (city and county), hazard insurance, title insurance, pest inspections, etc�
Keep in mind that your closing funds should be in the form of a cashier’s check made payable to the title
company or escrow office in the amount requested, or by wired funds�
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