Closing costs you should expect

 RE/MAX Coast & Country can walk you through closing - 757-287-2526
There are certain expected costs associated with closing the sale of a house. These expenses are usually split between the buyer and seller, as noted in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in Virginia to help lead you through the transaction.

Closing costs that are loan-related    (Details)

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

Taxes commonly paid at closing    (Details)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (Details)

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

Sellers: As we get through the details of your transaction, not only will I work to get the very best sales price, but I'll also advocate for limited closing costs. And once we've reached an agreement, I'll fully clarify the closing costs so you are informed of exactly where your money is going.

Buyers: If you're purchasing a home in Hampton Roads, you'll 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 prior experience and are required to be within an appropriate range so you're not startled when you show up at closing time. I'll be happy to look over the estimate with you, answering your questions and highlighting any estimates in question.

Finding the right home at the right price is just one part of a real estate transaction. RE/MAX Coast & Country is seasoned at assisting both buyers and sellers when it comes to closings. E-mail or call me today at 757-287-2526 if your needs include a real estate pro experienced in the business side of buying and selling.

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