Real Estate Attorney explains - typical buyer's closing costs The buyer’s closing costs will vary depending on whether the buyer is getting a mortgage, who the lender is, and what type of loan it is. When a buyer applies for a mortgage, the lender is required to give them what is called a good-faith estimate of their closing costs. Some are paid at closing and some are paid in advance. Typical closing costs paid by the buyer are: Costs associated with closing and title insurance such as the title search, title insurance premiums for the buyer’s policy as well as the mortgage holder’s, administrative fees charged by the closing office, and the property survey Costs associated with the mortgage such as application fee, mortgage points, appraisal, prepaid interest, private mortgage insurance, recording fees, and other miscellaneous costs Inspection costs such as a home inspection, radon inspection, wood destroying insect inspection, roof inspection, septic inspection, oil tank inspection as they are required or applicable Prorated adjustment for property taxes for the year. Prorated homeowners association dues and transfer fees Escrow for homeowners insurance Escrow for property taxes Mansion tax (if applicable) https://local.google.com/place?id=3241702663730814860&use=posts&lpsid=8474107820675439918