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Submitted 348 days ago...

robo209

robo209

Beginner (17)

Who pays the Escrow costs?

Who gets the write off on escrow costs?

The escrow instructions say the seller was to pay all costs but in fact, the buyer paid all the costs.

Please advise.

 
 
 
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Submitted 348 days ago...

sidelko

sidelko

Brain (3,031)

Depends on the arrangement. But often the seller will add on the escrow costs to the buyer amount total. Because it is a service benefiting the buyer because of a lack of trust or an extra insurance on getting the goods from the seller.

 

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sidelko

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Brain (3,031)

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