Don't forget to factor in closing costs when considering a home sale or purchase. Coldwell Banker Residential Brokerage is experienced at helping both buyers and sellers when it comes to closings.
E-mail or call me today at (860) 668-3100 if your needs include a real estate pro experienced in the business side of real estate.
Closing costs you should expect
There are certain ordinary fees related to closing the sale of a house. These fees are usually split between the buyer and seller, as dictated in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in Connecticut to help lead you through your deal.
- Points (optional)
- Appraisal Fee
- Credit Report
- Interest Payment
- Escrow Account
- Property Taxes
- Transfer Taxes and Recording Fees
- Homeowners Insurance
- Flood or Quake Insurance (optional)
- Private Mortgage Insurance (PMI) (optional)
- Title Insurance
Sellers: As we get through the details of your deal, I'll not only work to get the highest sales price, but I'll also push for limited closing costs. And once we've arrived at an agreement, I'll fully explain the closing costs so you are aware of exactly where your money is going.
Buyers: If you're purchasing a house in SUFFIELD, you will get 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 past experiences and is required to be within a suitable range so you're not stunned when you come to the closing table. I'll be willing to look over the GFE with you, answering your questions and highlighting any estimates that are uncertain.