Anticipated closing costs

There are certain normal costs associated with closing the sale of a house. These costs are commonly split between the buyer and seller, as dictated 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 lead you through your transaction.

Closing costs that are loan-related    (Click here for details)

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

Taxes you may be responsible for at closing    (Click here for details)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Click here for details)

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

Sellers: As we hammer out your transaction, I'll not only work to get the very best sales price, but I'll also push for reduced closing costs. And once we've come to an agreement, I'll walk you through the closing costs so you are aware of exactly where your money is going.

Buyers: When buying a home in County, you'll receive a "Loan Estimate" (LE) of closing costs within three days of submitting your loan application. The estimate is based on the loan officer's previous experience and is required to be within a suitable range so you're not stunned when you come to closing time. I'll be happy to go over the LE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.

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