What closing costs should you expect?

There are certain standard expenses accompanying closing the sale of a house. These expenses are usually split between the buyer and seller, as noted in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in North Carolina to help guide you through the deal.

Costs pertaining to your loan to be paid at closing    (Click here for more information) Points (optional) Appraisal Fee Credit Report Interest Payment Escrow Account At closing, these taxes are usually paid    (Click here for more information) Property Taxes Transfer Taxes and Recording Fees At closing, these fees are often due    (Click here for more information) Homeowners Insurance Flood or Quake Insurance (optional) Private Mortgage Insurance (PMI) (optional) Title Insurance

Sellers: As we hammer out your sale, I'll not only work to get the optimal sales price, but I'll also advocate for limited closing costs. And once we've reached an agreement, I'll explain in detail the closing costs so you know exactly what you're paying for.

Buyers: If you are buying a home in Forsyth County, you'll be given a "Loan Estimate" (LE) of closing costs within three days of submitting your loan application. The estimate is based on the loan officer's prior experience and is required to be within an acceptable range so you're not stunned when you come to the closing table. I'll be willing to look through the LE with you, answering your questions and highlighting any estimates that are uncertain.