Everything you need to know about closing a FSBO real estate transaction — title companies, attorney-closing states, closing costs, and what happens on closing day.
⚖️ Educational guide only — not legal advice. Buckeye Home Exchange is an advertising platform, not a licensed real estate brokerage or attorney. Consult a licensed attorney in your state for legal guidance.
Closing (also called settlement) is the final step in a real estate transaction where ownership of the property transfers from seller to buyer. It involves signing legal documents, paying closing costs, and recording the deed. All real estate transactions — FSBO or agent-assisted — must close through a licensed title company or real estate attorney.
Most states allow closings through title companies. Some states require a real estate attorney.
In all other states, you can choose between a title company and an attorney. Many FSBO sellers prefer using an attorney even where not required, for contract review and peace of mind.
| Cost | Typical Amount |
|---|---|
| Title insurance (owner's) | $500–$1,500 |
| Transfer taxes (varies by state) | 0.1%–2% of sale price |
| Attorney fees (if applicable) | $500–$2,000 |
| Prorated property taxes | Varies |
| Recording fees | $50–$250 |
| Home warranty (optional) | $300–$700 |
Note: Buyer agent commission (BAC), if offered, is also paid at closing. This is optional and set by you in your listing.
Pay $1,499 flat. Create your listing. Buyers contact you directly.
Start Listing Today