Bo Thompson
American Dreams Mtg
320 Nancy Lynn Ln Suite B
Knoxville TN 37919
Cell 865-621-1781
Direct 865-934-1665
bo@bothompson.com
The amount of closing costs will depend on what items are customary for buyers and sellers to pay for in your area. Traditions vary greatly from one area of the country to another. In some areas, for example, the buyer pays for title insurance. In other areas, it is the responsibility of the seller. In still other areas, the cost is split between buyer and seller. Other factors that can affect closing are the title company, attorney, lender, appraiser, insurance, taxes (state and local if any) and how many months escrow are required if applicable.