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

 


Corbett Investment Group, Inc. 221 Delta Court Suite 3 Tallahassee, FL 32303
Phone: Toll Free Phone: Fax:

Staff Profiles | Contact Us | Your FICO score | Closing Costs | Download Adobe Acrobat | Tell a Friend | Real Estate Glossary | Loan App Checklist | Finance Agencies | Documenting Assets | Site Map | Loan Application | Get Your Loan Faster! | Improve Your Credit Score | Getting Qualified | Types of Insurance | When to Refinance | Loan Application Info | What is a credit score? | Rates and A.P.R. | Our Service Area | 9 Steps to Ownership | Are You Pre-Approved? | 100% Financing | Buydown Options | Mortgage Rates (Blog) | Win $1000 | Orlando Experts | Jacksonville Experts | Miami Experts | Tampa Experts | Foreclosure Listings

Copyright © 2010 Corbett Investment Group, Inc.
Portions Copyright © 2010 a la mode, inc.
Another XSite by a la mode, inc. | Admin LoginTerms of UseSite Map



 
State:
County:
City:
Zip: