BiggerPockets

Hi, the easiest and most accurate way to find out is to call the closing agent doing the deal. They will tell you what they charge, costs of title search and insurance, filing fees and any other fee that is required in your area. The buyer also needs to check out costs for property insurance if he wants that in the closing, but since it is a cash deal, he could close without it. Don't forget the proration of taxes that you will credit to your buyer while you hold the property.If you don't have a closing agent, you need to select one as soon as possible. They will wlak you through the deal. Hope that helps, Bill

Hi, yes, a closing agent is an insured closing agent with a title company. A closing broker would be a listing real estate broker that could close a transaction, but they usually don't since title companies insure the closing transactions, the execution of documents, proper notary and proper filings in the correct sequence as may be required. To insure the settlement transaction, the person closing the deal must be an insured closing agent of the title company or act under their direction. I should have described that better, I see how this could be misconstrued. Bill