What closing costs should you expect?

There are certain typical costs related to closing the sale of a house. These costs are commonly divided between the buyer and seller, as instructed in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in SOUTH CAROLINA to help guide you through the transaction.

Costs pertaining to your mortgage to be paid at closing    (Details)

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

Taxes commonly paid at closing    (Details)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Details)

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

Sellers: As we hammer out your sale, not only will I work to get the very best sales price, but I'll also push for lower closing costs. And once we've arrived at an agreement, I'll describe in detail the closing costs so you know exactly what you're paying for.

Buyers: If you are purchasing a house in Lexington County, you'll get a "Loan Estimate" (LE) of closing costs within three days of submitting your loan application. The estimate is based on the loan officer's past experiences and is required to be within a tolerable range so you're not stunned when you reach the closing appointment. I'll be happy to look over the LE with you, answering your questions and highlighting any estimates that are uncertain.

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Coldwell Banker Residential Brokerage