What closing costs should you expect?

There are certain normal costs accompanying closing the sale of a house. These costs are commonly split between the buyer and seller, as directed in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in North Carolina to help show you through the process.

Loan-related closing costs    (Click here for details)

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

Taxes commonly paid at closing    (Click here for details)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (Click here for details)

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

Sellers: As we get through the details of your transaction, 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 reached an agreement, I'll describe in detail the closing costs so you are aware of exactly where your money is going.

Buyers: If you are purchasing a house in Forsyth County, you'll be given a "Loan Estimate" (LE) of closing costs within three days of submitting your loan application. The estimate is based on the loan officer's prior experience and is required to be within a tolerable range so you're not shocked when you reach the closing table. I'll be happy to review the LE with you, answering your questions and highlighting any estimates that seem questionable.