Frequently Asked Questions

Representing Real Estate Clients in Canton, GA & Beyond

In general, most of the closing costs are paid by the buyer, but the laws vary from state to state. In Georgia, the majority of closing costs covered by the buyer of a property.

In Georgia, a buyer is typically responsible for the following:

  • Appraisal Fee
  • Application Fee
  • Attorney Fees
  • Home Inspection
  • Discount Points
  • Title Fees
  • Title Insurance
  • Down Payment
  • Transfer Taxes
  • Property Taxes

In Georgia, a seller is typically responsible for the following:

  • Pro-rated Property Taxes
  • Pro-rated Real Estate Transfer Taxes

The average closing costs range for 0.5 to 5% of the total loan amount. A lender heavily influences the closing costs, so it is normal to have the value vary from lender to lender.

There are a number of documents required for closing. This includes:

  • Proof of homeowners insurance
  • Any required paperwork from your lender (termite waivers, surveys)
  • Photo identification
  • Wired funds for the down payment and other buyer costs

For a full list of closing documents needed, we encourage you to call our office at 770-720-9500.

If you have additional questions regarding our services or are in need of real estate law assistance, do not hesitate to contact us today by calling 770-720-9500.