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.  Sellers receive a settlelment statement prior to signing their closing documents. 

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

 

 

Click here to see what is customary for Buyers and Sellers to pay in closing costs for my area.  Closing costs are negotiable.

 

Your Form Name

 
Title of this group of fields
*Name:
*Email:
Phone:

Note: Fields with an * are required

Nancy Dickey, CRS
Certified Residential Specialist
Certified Previews Properties Specialist
A Realtor® Since 1985



Local Traditions, Global Connections


Coldwell Banker Residential Real Estate 6137 La Salle Ave Oakland, CA 94611-2870
Phone: Cell:

Contact Me Today! | Setting the Sales Price | Selling your own home | FREE Mkt Analysis | Who Pays What | All About Loans | How To Buy | Cost vs Value | Closing Costs | Buy In Oakland | Glossary - Real Estate | Our Featured Homes | Home | Home Staging | Improvements That Pay | Sell One Buy Another

Copyright © 2008 Coldwell Banker Residential Real Estate
Portions Copyright © 2008 a la mode, inc.
Another XSite by a la mode, inc. | Admin LoginTerms of UseSite Map
All rate, payment, and area information are estimates and approximations only.