Expected closing costs

There are certain ordinary costs associated with closing the sale of a house. These costs are usually divided between the buyer and seller, as spelled out in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in South Carolina to help lead you through the process.

Loan-related closing costs    (More information)

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

At closing, the following taxes are usually collected    (More information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (More information)

  • Homeowners Insurance
  • Flood or Quake Insurance (optional)
  • Private Mortgage Insurance (PMI) (optional)
  • Title Insurance

Sellers: As we get through the details of your deal, not only will I work to get the highest sales price, but I'll also advocate for lower closing costs. And once we've come to an agreement, I'll give a detailed list of the closing costs so you know exactly what you're paying for.

Buyers: If you're purchasing real estate in Lexington County, you'll be given a "Loan Estimate" (LE) of closing costs within three days of submitting your loan application. The estimate is based on the loan officer's prior experience and is required to be within a suitable range so you're not startled when you reach the closing table. I'll be glad to review the LE with you, answering your questions and highlighting any estimates that seem questionable.

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