Understanding Escrow and Closing Costs in California

In California, a neutral escrow company holds funds and documents until every condition of the sale is met. A typical escrow lasts 30 days.

Buyer closing costs

Plan for roughly 2–3% of the purchase price: lender fees, appraisal, title insurance for the lender, escrow fees, prepaid taxes and insurance.

Seller closing costs

Sellers usually cover the owner's title policy, transfer taxes, their share of escrow fees, and agent commissions.

Every transaction is different — Sean will walk you through an estimated net sheet or closing cost breakdown before you sign.