Elizabeth Ann Stribling-Kivlan, President of Stribling & Associates, was recently featured in ‘5 Things To Negotiate When You Buy Your First House,’ an article by Forbes.
In it, she advises:
“Closing costs often catch first-time buyers off guard because they don't realize they'll need extra cash to complete the transaction. The total amount depends on where the property is being sold and the value, but home buyers can typically expect to pay between 2% and 5% of the purchase price. However, closing costs may be paid by the seller or the buyer. If you're in a buyer's market, and the seller is anxious to move on from the property, you might be able to have the sellers pick up some or all of the closing costs.”
To view the entire article, please visit Forbes