Closing costs you should expect
There are certain ordinary costs linked to closing the sale of a house. These fees are usually split between the buyer and seller, as spelled out in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in California to help show you through your transaction.
Costs pertaining to your loan to be paid at closing
(Click here for details)
- Points (optional)
- Appraisal Fee
- Credit Report
- Interest Payment
- Escrow Account
At closing, the following taxes are usually collected (Click here for details)
- Property Taxes
- Transfer Taxes and Recording Fees
- Homeowners Insurance
- Flood or Quake Insurance (optional)
- Private Mortgage Insurance (PMI) (optional)
- Title Insurance
|
Sellers: As we negotiate your sale, I'll not only work to get the very best sales price, but I'll also campaign for limited closing costs. And once we've arrived at an agreement, I'll describe in detail the closing costs so you know exactly what you're paying for.
Buyers: If you're buying a house in Alameda 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 tolerable range so you're not surprised when you get to the closing appointment. I'll be glad to look through the LE with you, answering your questions and highlighting any estimates of concern. /Apps/Forms/LeadFormViewer.aspx?FormID=49657&GroupID=830317&PageName=ClosingCosts&AWSAccountPageID=72280752&NotificationEmail=