(704) 450-2060 Cornelius and I'll help you understand all the costs and identify any mistakes.
(704) 450-2060 There are certain expected expenses associated with closing the sale of a house. These expenses are often 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.
- Points (optional)
- Appraisal Fee
- Credit Report
- Interest Payment
- Escrow Account
- Property Taxes
- Transfer Taxes and Recording Fees
- Homeowners Insurance
- Flood or Quake Insurance (optional)
- Private Mortgage Insurance (PMI) (optional)
- Title Insurance
As we hammer out your deal, I'll not only work to get the optimal sales price, but I'll also advocate for lower closing costs. And once we've come to an agreement, I'll describe in detail the closing costs so you are aware of exactly where your money is going.
If you are purchasing a property in Mecklenburg County, you'll get a "Good Faith Estimate" (GFE) 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 suitable range so you're not surprised when you arrive at the closing appointment. I'll be glad to look through the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.
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