In every home sale, there are standard costs paid to outside parties that vary by city, state, and county. This includes things like lender fees, escrow, and title costs.
These costs typically range from 1% to 3%, and they aren’t paid to Opendoor. We can estimate these charges, but you’ll typically get exact numbers from your lender or escrow agent near your closing date.
When you sell to Opendoor, you can expect to pay all title insurance costs (including endorsements, title searches, and examinations), any realty transfer taxes due to state or local authorities, and half of the settlement or escrow fee.