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 (GFE)

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 lender's loan officer's closing costs. I will be glad to review the "Good Faith Estimate," answering questions after you have already reviewed with your lender of choice. We also offer mortgage & finance services.

Standard 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 if applicable
• Wind Insurance if applicable
• Private Mortgage Insurance (PMI)
• Title Insurance -Lenders & Owner's Title