Closing Costs in Chesterfield, VA: What Buyers and Sellers Really Pay
Closing Costs in Chesterfield, VA: What Buyers and Sellers Really Pay
One of the most common questions I get from both buyers and sellers is:
“How much are closing costs in Chesterfield?”
Here’s the transparent breakdown no one else gives you.
Buyer Closing Costs in Chesterfield
Buyers typically pay 2–4% of the purchase price. Costs include:
1. Lender Fees
- Origination
- Underwriting
- Processing
(Usually $1,000–$1,800)
2. Title Company Fees
- Title search
- Settlement fees
- Title insurance
3. Prepaid Items
- 1 year homeowners insurance
- 3–6 months of taxes
- Mortgage interest
Seller Closing Costs in Chesterfield
Sellers usually pay 6–9% total, including agent commissions.
Seller Fees Include:
- Agent commission (most common cost)
- Seller-paid buyer concessions (optional)
- Title fees
- Termite inspection
- HOA resale packet, if applicable
Typical Seller Total:
$15,000–$30,000+ depending on price point
Can Buyers or Sellers Reduce Closing Costs?
Yes — strategies include:
✔ requesting concessions
✔ choosing lower-fee lenders
✔ timing closing for tax/escrow efficiency
✔ negotiating repairs in lieu of credits
Want an exact estimate?
I offer a free closing cost calculator specific to Chesterfield.
Send me your address or budget and I’ll prepare a custom breakdown.
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