|
|
 |
 |
 |
Don't forget to factor in closing costs when considering a home sale or purchase. Peninsula Properties is experienced at helping both buyers and sellers when it comes to closings. E-mail or call us today at (310)377-0987 if your needs include a professional REALTOR® ready for the business side of real estate.
| |
| |
 |
What closing costs should you expect?
There are certain standard fees associated with closing the sale of a house. These fees are often divided between the buyer and seller, as noted in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in California to help guide you through your transaction.
Loan-related closing costs
(Learn more)
- Points (optional)
- Appraisal Fee
- Credit Report
- Interest Payment
- Escrow Account
At closing, these taxes are usually collected (Learn more)
- Property Taxes
- Transfer Taxes and Recording Fees
At closing, these fees are often due (Learn more)
- Homeowners Insurance
- Flood or Quake Insurance (optional)
- Private Mortgage Insurance (PMI) (optional)
- Title Insurance
|
Sellers: As we get through the details of your sale, not only will I work to get the highest sales price, but I'll also advocate for lower closing costs. And once we've arrived at an agreement, I'll fully explain the closing costs so you are aware of exactly where your money is going.
Buyers: If you're purchasing a house in Los Angeles 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 astonished when you come to closing time. I'll be glad to go through the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.
|
|
|
