What is the difference between "closing costs" and "cash to close"? Why is cash to close higher?
What is the difference between "closing costs" and "cash to close"? Why is cash to close higher?
Attorney Answer
1
Paul Johnson ·
"Cash to close" would include the balance due the seller under the contract, as well as the closing costs. The closing costs consists of the fees payable to the lender (if there is one), title company, attorney and adjustments for property taxes, utilities and other items.
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