Closing Costs

There are certain standard costs associated with closing the sale of a house. These fees are split between the buyer and the seller, as spelled out in the sales contract.

As I negotiate the sales contract for you, I will not only work to get the sales price you want, I will also work to limit the number of closing costs for which you will be responsible.

I will walk you through the closing costs, answering any questions you may have explaining which costs are decreed by law to be yours and which are negotiable.

Good Faith Estimate

Buyers will receive a "Good Faith Estimate" of closing costs at the time the loan application is submitted to the lender. The estimate is based on the loan officer's past experience and may not include all the closing costs. I will be glad to review the "Good Faith Estimate," answering questions and highlighting missing costs and estimates I believe to be low.

Standard Closing Costs

Loan-Related Costs

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

Taxes

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance

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

Got a Question?

Do you have a question? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.
 
Your Information
*Name:
*Email:
Phone:

Your Question
Question:

Note: Fields with an * are required


The Carson Lowry Home Selling Team
Phone: Cell: Fax:

ResultsforYou | Contact Carson Lowry | Lead in the Home | Get the Highest Price | Press Release | Real Estate Glossary | Our Listings | Selling Your Home? | REALTOR.COMĀ® | Home | Bi-Weekly Mortgage | Mortgage Saving Tips | Writing the Offer | Locking in Rates | Living Trusts | Creative Financing | Heart of the Matter | Site Map | Mortgage Calculators | A holiday sale? | Winterize your Home | Property management | Reasons homes don't sell | Site selection services | Tenant representation | Be Accessible! | Lease analysis | Buying Foreclosures/REO's | The Listing Contract | Contingencies in Contracts | The Back Yard | Need a Bridge Loan? | What's Earnest Money? | Should you paint? | Homeowner Warranties | Plumbing and Fixtures | Real vs. Personal Property | The Kitchen | Role of the MLS | Flowers Add Curb Appeal! | Improvements That Pay | Home Appreciation | Selling One, Buying Another | Fixer Uppers

Copyright © 2008 The Carson Lowry Home Selling Team
Portions Copyright © 2008 a la mode, inc.
Another XSite by a la mode, inc. | Admin LoginTerms of UseSite Map
All rate, payment, and area information are estimates and approximations only.