310 387-1414 Rolling Hills Estates and I'll help you understand all the costs and call attention to any errors.
310 387-1414 There are certain basic costs associated with closing the sale of a house. These expenses are usually divided between the buyer and seller, as directed 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 lead you through your process.
Loan-related closing costs
- Points (optional)
- Appraisal Fee
- Credit Report
- Interest Payment
- Escrow Account
At closing, the following taxes are usually paid (Details)
- Property Taxes
- Transfer Taxes and Recording Fees
Insurance fees due at closing (Details)
- Homeowners Insurance
- Flood or Quake Insurance (optional)
- Private Mortgage Insurance (PMI) (optional)
- Title Insurance
As we get through the details of your deal, I'll not only work to get the very best sales price, but I'll also campaign for reduced closing costs. And once we've reached an agreement, I'll walk you through the closing costs so you are aware of exactly what you're paying for.
If you're purchasing real estate in Los Angeles County, you will be given a "Good Faith Estimate" (GFE) 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 acceptable range so you're not stunned when you show up at the closing table. I'll be happy to review the GFE with you, answering your questions and highlighting any estimates that seem questionable.