Don't forget to factor in closing costs when considering a home sale or purchase. Target Cost Realty, LLC is seasoned at assisting both buyers and sellers when it comes to closings. E-mail or call me today at (972) 504-8021 if your needs include a real estate pro experienced in the business side of buying and selling.
Closing costs you should expect
There are certain typical fees associated with closing the sale of a house. These costs are often divided between the buyer and seller, as noted in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in to help direct you through the deal.Closing costs that are tied to your mortgage (Details)
- Points (optional)
- Appraisal Fee
- Credit Report
- Interest Payment
- Escrow Account
Taxes commonly paid at closing (Details)
- Property Taxes
- Transfer Taxes and Recording Fees
At closing, these fees are often due (Details)
- Homeowners Insurance
- Flood or Quake Insurance (optional)
- Private Mortgage Insurance (PMI) (optional)
- Title Insurance
Sellers: As we get through the details of your deal, not only will I work to get the highest sales price, but I'll also advocate for limited closing costs. And once we've come to an agreement, I'll give a detailed list of the closing costs so you know exactly where your money is going.
Buyers: If you are buying real estate in , you will receive 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 previous experience and is required to be within a tolerable range so you're not shocked when you get to the closing table. I'll be glad to look over the GFE with you, answering your questions and highlighting any estimates in question.