Closing Costs Covered in North Haven

The asking price on a listing is the headline. The real story sits in the settlement statement. A commission comes out first, then seller closing costs, then any repair credits the buyer negotiated after inspection, and on top of that the months of mortgage, insurance, taxes and utilities paid while waiting. By the time a seller adds it up, the gap between price and payout can be bigger than expected.

Our offers work differently. Since the house never gets listed, commission simply doesn't come up. The closing costs a seller would normally pay are covered on our side. Buying as-is also wipes out repair credits. What remains is a single figure you can judge at a glance.

A few balances travel with the house itself, so they still get cleared on closing day: whatever is left on a mortgage or equity line, recorded liens, unpaid property taxes. Your closing attorney here in Connecticut pays each one out of the sale before the remainder reaches you. Ask us anything about how that works. Tax and legal questions, though, belong with your own advisor.