Anticipated closing costs

There are certain basic expenses related to closing the sale of a house. These fees are usually divided between the buyer and seller, as dictated in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in North Carolina to help lead you through the deal.

Closing costs that are tied to financing    (More information)

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

At closing, the following taxes are usually collected    (More information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (More information)

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

Sellers: As we hammer out your deal, not only will I 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 where your money is going.

Buyers: When purchasing real estate in Polk 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 reasonable range so you're not stunned when you arrive at the closing table. I'll be willing to go through the LE with you, answering your questions and highlighting any estimates that seem off.

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