Closing Costs

There are certain standard costs associated with closing the sale of a house. These fees are split between the buyer and the seller, as spelled out in the sales contract.

As I negotiate the sales contract for you, I will not only work to get the sales price you want, I will also work to limit the number of closing costs for which you will be responsible.

I will walk you through the closing costs, answering any questions you may have explaining which costs are decreed by law to be yours and which are negotiable.

Good Faith Estimate

Buyers will receive a "Good Faith Estimate" of closing costs at the time the loan application is submitted to the lender. The estimate is based on the loan officer's past experience and may not include all the closing costs. I will be glad to review the "Good Faith Estimate," answering questions and highlighting missing costs and estimates I believe to be low.

Standard Buyer Closing Costs 

Loan-Related Costs

• Loan Origination Fee
• Points (optional)
• Appraisal Fee
• Credit Report
• Interest Payment
• Escrow Account

Taxes

• Property Taxes
• Transfer Taxes and Recording Fees

Insurance

• Homeowners Insurance
• Flood Insurance
• Private Mortgage Insurance (PMI)
• Title Insurance

I understand that you may be in the information gathering stage and may not be ready to open up about who you are or your real estate needs at this time.  If you are not comfortable providing all your contact information that is perfectly okay.  Just enter your e-mail address so I can send you the material you requested.  I will need a just first name in the name field. Please be assured that your privacy will be kept sacred and your information will never be shared with any third parties.