Expected closing costs

There are certain ordinary expenses linked to closing the sale of a house. These fees are usually split between the buyer and seller, as noted 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 show you through your deal.

Closing costs that are tied to your mortgage    (More information)

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

At closing, the following taxes are usually collected    (More information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (More information)

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

Sellers: As we hammer out your transaction, not only will I work to get the very best sales price, but I'll also advocate for lower closing costs. And once we've arrived at an agreement, I'll walk you through the closing costs so you are informed of exactly where your money is going.

Buyers: If you are buying a property in Los Angeles County, you will 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 past experiences and is required to be within an appropriate range so you're not startled when you show up at closing time. I'll be willing to look over the LE with you, answering your questions and highlighting any estimates that seem questionable.