757-486-8800 Virginia Beach and I'll aid you to comprehend all the fees and point out any errors.
757-486-8800 There are certain expected fees related to closing the sale of a house. These expenses are often divided between the buyer and seller, as spelled out in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in Virginia to help show you through the deal.
- Points (optional)
- Appraisal Fee
- Credit Report
- Interest Payment
- Escrow Account
Taxes you may be responsible for at closing (More information)
- Property Taxes
- Transfer Taxes and Recording Fees
At closing, these fees are often due (More information)
- Homeowners Insurance
- Flood or Quake Insurance (optional)
- Private Mortgage Insurance (PMI) (optional)
- Title Insurance
As we negotiate your transaction, not only will I work to get the highest sales price, but I'll also advocate for limited closing costs. And once we've reached an agreement, I'll give a detailed list of the closing costs so you know exactly what you're paying for.
If you are purchasing real estate in Virginia Beach City County, you'll 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 startled when you come to the closing appointment. I'll be glad to look through the GFE with you, answering your questions and highlighting any estimates that are uncertain.