Expected closing costs

There are certain basic expenses accompanying closing the sale of a house. These expenses are usually divided between the buyer and seller, as instructed in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in Colorado to help lead you through your transaction.

Closing costs that are tied to financing    (Details)

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

At closing, the following taxes are usually collected    (Details)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (Details)

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

Sellers: As we negotiate your sale, I'll not only work to get the very best sales price, but I'll also push for limited closing costs. And once we've reached an agreement, I'll explain in detail the closing costs so you know exactly where your money is going.

Buyers: If you are purchasing a property in Arapahoe County, you will receive a "Loan Estimate" (LE) 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 reach closing time. I'll be glad to review the LE with you, answering your questions and highlighting any estimates that are uncertain.

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