Closing Costs
Costs pertaining to your loan to be paid at closing
- Points (Optional)
- Appraisal Fee (sometimes paid outside of closing)
- Credit Report
- Interest Payment
- Escrow Account
Taxes you may be responsible for at closing
- Property Taxes
- Transfer Taxes and Recording Fees
Insurance fees due at closing
- Homeowners Insurance
- Flood Insurance (Optional, sometimes required)
- Private Mortgage Insurance (PMI) (Optional, sometimes required)
- Title Insurance
Representing as a Seller
As we negotiate your deal, we will work to get the very best sales price and campaign for lower closing costs. And once we’ve agreed on a contract, I’ll walk you through the closing costs so you know exactly where your money is going.
Representing as a Buyer
When purchasing a house, your lender should send a “Good Faith Loan Estimate” within three days of submitting your loan application. Loan estimates will include an amount for your closing costs. The estimate is based on the loan officer’s previous experience and is required to be within a reasonable range, so you’re not astonished when you come to the closing table. As the Realtor, I do not receive a copy of your loan estimate, but I would be happy to work with you to review and help you sort through any questions you might have with your lender.
Further questions? I am standing by to answer any of those you may have. Please feel free to use the contact form.