What Closing Costs Do Silicon Valley/Santa Clara County Buyers Pay?

What Closing Costs Do Silicon Valley/Santa Clara County Buyers Pay?

by Michelle Carr-Crowe, Cupertino, Calif. real estate agent selling homes in San Jose, Calif.

Most buyers want to know "Who Pays What Closing Costs?" in Santa Clara County.

Every county is different in California as to how closing costs are handled.

In general, here is what costs buyers pay in Santa Clara County/Silicon Valley.

Escrow: Seller

Title: Buyer (for lender's policy); Seller pays for buyer's policy.

County Transfer Tax: Seller

Inspections: Buyer

City Transfer Tax: Split 50/50 by Seller and Buyer, Amount Varies. All 3 cities with transfer taxes are at the same rate of $3.30 per $1,000. The 3 cities are Mountain View, Palo Alto & San Jose, Calif.

For questions, Just Call 408-252-8900. To receive a free info sheet showing customary charges for all counties in California, Just Call 408-252-8900.

 

 

 

 

 

 

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Topic:
Home Selling
Location:
California Santa Clara County San Jose
Groups:
Advice for Sellers
Keller Williams
San Jose Real Estate
California Real Estate
Tags:
michelle carr
buyer closing costs
seller closing costs
closing costs
who pays what closing costs in santa clara county aka silicon valley

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