Question

Buyer's lawyer determines the final costs of closing, not the Salesperson. Buyer's Salesperson can however guide the buyers about closing costs by providing approximate idea about closing cost amount. True or False

Answer 1

False. The buyer's lawyer determines the final costs of closing, not the Salesperson. However, the buyer's Salesperson can provide guidance on the approximate closing cost amount.

Step-by-step explanation:

False. The buyer's lawyer determines the final costs of closing, not the Salesperson. However, the buyer's Salesperson can provide guidance to the buyers by giving them an approximate idea about the closing cost amount.

When it comes to closing costs, it is essential to consult with a knowledgeable professional, such as a real estate attorney or a mortgage broker, as they can provide accurate and specific information based on the buyer's unique circumstances.

It is important for buyers to have a clear understanding of the closing costs involved in a real estate transaction, as these costs can vary depending on factors such as the purchase price, loan amount, and location.