Closing Cost

There are certain standard costs associated with closing the sale of a property. these cost are called closing cost, some are to be paid by the Seller and there are some that are the responsibility of the Buyer, however according to how much of an expert negotiator your Realtor is and also depending on the market conditions at the time of purchase, the Buyers closing cost can be negotiated in some cases to be paid by the seller. There are certain clauses and wording that need to be spelled out in the sales contract for this to be in effect.

You the Buyer will benefit substantially by contacting our office and letting one of our Professional Real Estate agents use their expertise to guide you through the process of buying a home. We negotiate the sales contract for you not only to obtain the best possible price but also to limit the amount of your out of pocket expense in the transaction.

We 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

You the Buyer after the Pre-approval process and we have located the desired property will receive a “Good Faith Estimate” This estimate will be based on the price of the property, the amount of property taxes assessed at the time of purchase, the hazard insurance and the terms of the contract. We will review the “Good Faith Estimate,” with you to answer any questions or doubts you as the Buyer may have.

Standard Closing Costs

Loan-Related Costs

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


Property Taxes
Transfer Taxes and Recording Fees


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