
	Finding the right home at the right price is just one part of a home sale or purchase. Rose and Womble Realty is experienced at assisting both buyers and sellers when it comes to closings. E-mail or call us today at 757-486-8800 if your needs include a real estate pro ready for the business side of real estate.

Anticipated closing costs

There are certain typical fees related to closing the sale of a house. These costs are commonly divided between the buyer and seller, as instructed in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in Virginia to help show you through your deal.

Costs pertaining to your mortgage to be paid at closing (Click here for more information)

Points (optional)
Appraisal Fee
Credit Report
Interest Payment
Escrow Account

Taxes you may be responsible for at closing (Click here for more information)

Property Taxes
Transfer Taxes and Recording Fees

At closing, these fees are often due (Click here for more information)

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

Sellers: As we negotiate your transaction, not only will I work to get the optimal sales price, but I'll also push for reduced closing costs. And once we've arrived at an agreement, I'll describe in detail the closing costs so you are informed of exactly where your money is going.

Buyers: If you are buying a house 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 previous experience and is required to be within an appropriate range so you're not astonished when you reach the closing appointment. I'll be willing to look through the GFE with you, answering your questions and highlighting any estimates that seem questionable.