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Escrow costs, which include things like title insurance, are typically 1-2% of the sale price of the home. Generally, the escrow fees are split 50-50 between the buyer and seller. However, if you have accepted an offer from a buyer that specifies a different split of the escrow fees, the offer will control which portion of the fees are your responsibility and which are the buyer’s responsibility. If you are the seller, you will not pay the escrow costs out of pocket; the escrow company will deduct the escrow costs from the proceeds of the sale of your home.
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