What closing costs should you expect?
There are certain typical fees associated with closing the sale of a house. These expenses are often split between the buyer and seller, as spelled out in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in California to help guide you through your deal.
Costs pertaining to your mortgage to be paid at closing
(Details)
- Points (optional)
- Appraisal Fee
- Credit Report
- Interest Payment
- Escrow Account
At closing, these taxes are usually paid (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
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Sellers: As we negotiate your sale, 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 fully clarify the closing costs so you are informed of exactly where your money is going.
Buyers: If you are buying a property in Alameda County, you will 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 an appropriate range so you're not startled when you get to the closing table. I'll be willing to review the LE with you, answering your questions and highlighting any estimates that are uncertain. /Apps/Forms/LeadFormViewer.aspx?FormID=49657&GroupID=830317&PageName=ClosingCosts&AWSAccountPageID=72280752&NotificationEmail=