Don't forget to factor in closing costs when considering a home sale or purchase. Orangehill Realty is experienced at helping both buyers and sellers when it comes to closings. E-mail or call us today at (909) 307-1008 if your needs include a real estate pro ready for the business side of real estate.

Expected closing costs

There are certain standard fees accompanying closing the sale of a house. These costs are commonly split 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 California to help guide you through your process.

Loan-related closing costs    (Click here for details)

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

Taxes you may be responsible for at closing    (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 negotiate your sale, I'll not only work to get the highest sales price, but I'll also push for lower closing costs. And once we've reached an agreement, I'll fully clarify the closing costs so you know exactly where your money is going.

Buyers: If you're buying a property in San Bernardino County, you will receive 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 closing time. I'll be willing to look through the GFE with you, answering your questions and highlighting any estimates that seem off.

 

300 E. Citrus Ave.

Redlands, CA 92373

DRE# 01397926

 

(909) 307-1008 or (909) 255-6BUY

Toll-free (800) 448-1575

Fax (909) 266-8006

 

Ask@RedlandsRealtyPros.com

 

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