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 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 or Quake Insurance
  • Private Mortgage Insurance (PMI)
  • Title Insurance

 


REALTY EXECUTIVES Southern Oregon 1002 NW 6th St Grants Pass, OR 97526
Phone: Toll Free Phone: Cell: Fax:

Why Title Insurance? | Title Information | Contact Us | Curb Appeal List | Setting the Sales Price | Loan-Related Closing Costs | Getting the Highest Price | Selling your own home | Full Market Report | Your FICO Score | How Escrow Works | Become An Executive | Meet Our Executives | Search Homes | Advanced Home Search | Map Home Search | Free Email Updates | Buyer Center | Seller Center | Mortgage Center | Quick Home Search | Free Foreclosure List | Grants Pass Homes | Medford Homes | Rogue River Homes | Central Point Homes | Jacksonville Homes | Murphy Homes | Merlin Homes | Closing Costs | First Time Buyers | Get Pre-qualified | Inspection Tips | Home Buyer Checklist | Tell a Friend | Real Estate Glossary | Our Featured Homes | Home | Loan Application Checklist | Mortgage Saving Tips | Your Downpayment | Your Buying Power | Loan Programs | Mortgage Shopping | Locking in Rates | Staging Your Home | Staging Checklist | Creative Financing | 9 Steps to Owning | Site Map | Mortgage Calculators | Free Reports | Reasons Homes Don't Sell | Buying Foreclosures/REO's | The Listing Contract | What's Earnest Money? | Real vs. Personal Property | Flowers Add Curb Appeal! | Improvements That Pay | Free Instant Home Valuation | Daily Rate Lock Advisory | Blog | Win $1000

Copyright © 2010 REALTY EXECUTIVES Southern Oregon
Portions Copyright © 2010 a la mode, inc.
Another XSite by a la mode, inc. | Admin LoginTerms of UseSite Map
All rate, payment, and area information are estimates and approximations only.