
	Don't forget to factor in closing costs when considering a home sale or purchase. Rose and Womble Realty is seasoned 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 professional REALTOR^® experienced in the business side of real estate.

Expected closing costs

There are certain typical fees linked to closing the sale of a house. These costs are often divided between the buyer and seller, as instructed 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 transaction.

Closing costs that are tied to financing (Click here for more information)

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

Taxes commonly paid 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 get through the details of your sale, I'll not only work to get the highest sales price, but I'll also advocate for reduced closing costs. And once we've arrived at an agreement, I'll describe in detail the closing costs so you are aware of exactly what you're paying for.

Buyers: When buying a home in Virginia Beach City County, 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 startled when you arrive at the closing appointment. I'll be happy to review the GFE with you, answering your questions and highlighting any estimates of concern.