Closing costs include fees paid to third parties that facilitate the sale of the property and can include inspections, attorneys’ fees, and brokerage fees. Closing costs are typically paid once the sale is closed but some are paid before (i.e. home inspection fees). Closing costs range from two to seven percent of the purchase price. The method used to calculate closing costs dramatically changes the closing costs imposed because buyers and sellers respectively do not share in the costs … [Read more...]
Entering Into a Contractual Business Relationship: Covering Your Bases
When entering into a contractual business relationship, careful consideration, clear communication, and planning ahead can prevent legal disputes down the… READ MORE
