Expected closing costs

There are certain expected fees linked to closing the sale of a house. These expenses are often divided between the buyer and seller, as directed in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in Colorado to help lead you through the transaction.

Loan-related closing costs    (Click here for details)

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

At closing, the following taxes are usually paid    (Click here for details)

  • Property Taxes
  • Transfer Taxes and Recording Fees

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

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

Sellers: As we get through the details of your transaction, I'll not only work to get the optimal sales price, but I'll also campaign for lower closing costs. And once we've reached an agreement, I'll give a detailed list of the closing costs so you are aware of exactly where your money is going.

Buyers: When purchasing real estate 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 an appropriate range so you're not surprised when you come to closing time. I'll be willing to look over the LE with you, answering your questions and highlighting any estimates that seem questionable.

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