Costs pertaining to your loan to be paid at closing

• Points (optional)
• Appraisal Fee (sometimes paid outside of closing)
• Credit Report
• Interest Payment
• Escrow Account

Taxes you may be responsible for at closing

• Property Taxes
• Transfer Taxes and Recording Fees

Insurance fees due at closing

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

Sellers: As I negotiate your deal, not only will I work to get the very best sales price, but I’ll also campaign for lower closing costs. And once I’ve come to an agreement, I’ll walk you through the closing costs so you are aware of exactly where your money is going.

Buyers: When purchasing a house in the NWA area, your lender should send a “Loan Estimate” within three days of submitting your loan application. Loan estimates will include an amount for your closing costs. The estimate is based on the loan officer’s previous experience and is required to be within a reasonable range so you’re not astonished when you come to the closing table. As the Realtor, I do not receive a copy of your loan estimate but I would be happy to work with you to review and help you sort through any questions you might have with your lender.