There are certain normal fees accompanying closing the sale of a house. These expenses are commonly divided between the buyer and seller, as instructed in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in North Carolina to help guide you through your deal.
Costs pertaining to your loan to be paid at closing
- Points (optional)
- Appraisal Fee
- Credit Report
- Interest Payment
- Escrow Account
Taxes you may be responsible for at closing (Learn more)
- Property Taxes
- Transfer Taxes and Recording Fees
At closing, these fees are often due (Learn more)
- Homeowners Insurance
- Flood or Quake Insurance (optional)
- Private Mortgage Insurance (PMI) (optional)
- Title Insurance
Sellers: As we negotiate your deal, not only will we work to get the optimal sales price, but we'll also push for reduced closing costs. And once we've arrived at an agreement, we'll describe in detail the closing costs so you are aware of exactly what you're paying for.
Buyers: If you are buying real estate in Brevard, you will receive a "Loan Estimate" (LE) of closing costs within three days of submitting your loan application and a "Closing Disclosure" no fewer than three days prior to closing. These estimates are based on the loan officer's past experiences and are required to be within an appropriate range so you're not shocked when you get to closing time. We'll be happy to look at the estimate with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.
Don't forget to factor in closing costs when considering a home sale or purchase. White Squirrel Realty is experienced at assisting both buyers and sellers when it comes to closings. E-mail
or call me today at 828-877-3434 if your needs include a professional REALTOR®
experienced in the business side of buying and selling.