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(336) 226-9374 Burlington and I'll help you comprehend all the expenses and call attention to any inaccuracies. (336) 226-9374 There are certain typical expenses accompanying closing the sale of a house. These expenses are commonly 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 North Carolina to help show you through your process.

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

Insurance fees due at closing    (Click here for details)

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

Sellers: As we negotiate your transaction, I'll not only work to get the optimal sales price, but I'll also campaign for limited closing costs. And once we've come to an agreement, I'll fully clarify the closing costs so you are aware of exactly where your money is going.

Buyers: When buying a property in County, you'll be given 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 prior experience and is required to be within an appropriate range so you're not shocked when you reach the closing table. I'll be happy to review the GFE with you, answering your questions and highlighting any estimates of concern.

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Mtg Loan Rate APR
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