Posted by B.L.Renfrow on January 28, 2000 at 17:31:38:
If the parties are sufficiently motivated, you can often structure your agreements so each pays half of the total closing costs, leaving you with none.
I try to encourage everybody to agree to use the same attorney whenever possible. Keeps costs down, and gives me far better control over the deal. Too many attornies - especially those unfamiliar with CRE, which is most of them - just leads to unnecessary complications. Of course, some buyers/sellers will insist on having their own attorney involved also.
Brian (NY)