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.

Negotiating an offer not only includes getting you the best price, but also limiting your closing costs. Ultimately that means more money in your pocket!

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.

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

 


Debbie Kirkland at Armor Realty of Tallahassee, Inc. 1519 Killearn Center Blvd. Tallahassee, FL 32309-
Phone: Cell: Fax:

Why Choose Me | Contact Us | Curb Appeal List | River's Edge | Bull Run Lots | Visit Tallahassee | Debbie's Team | PARADE OF LAND EVENT | Closing Costs | First Time Buyers | Get Pre-qualified | Inspection Tips | Looking to Buy? | News | Real Estate Glossary | Shared Listings | Looking to Sell? | Sold Homes | Home | Lender Types | Neighborhood Prices | Search Area Homes | ARM Calc | APR Calc | 15 vs 30 Year Mtg Calc | ARM vs Fixed Rate Calc | Maximum Mortgage Calc | Rent vs Buy Calc | Mortgage Calculators | Request Industry Info | Your Dream Home | 9 Steps to Ownership | How to Sell Your Home | Staging Your Home | Gated Communities | Talk To Me Blog

Copyright © 2008 Debbie Kirkland at Armor Realty of Tallahassee, Inc.
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.