Seller Finance question regarding closing costs?

[Austin Kuhnle]

The seller had also brought up a question, I think I could answer but wanted to double confirm. Her question was Concerning closing costs with a contract, who pays Recording Fee, Escrow Fee, Transfer Tax Fee, possible Attorney Fee, pro-rated property tax, etc ...?  Any help would be much appreciated. Thanks, BP!!  

[Sanat Bhandari]

@Austin Kuhnle Generally speaking, in a seller financed deal, the buyer pays all the closing costs including any agent commission just like the buyer would be paying closing costs if a bank financed that deal. The best way to summarize seller financing is:

Seller financing = Bank financing - all the hoops and regulations of the mortgage industry