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(336) 226-9374 Burlington and I'll assist you to understand all the expenses and call attention to any mistakes. (336) 226-9374 There are certain expected expenses related to closing the sale of a house. These fees are commonly split between the buyer and seller, as dictated 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 lead you through your process.

Closing costs that are tied to financing    (Click here for more information)

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

Taxes you may be responsible for at closing    (Click here for more information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

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

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

Sellers: As we hammer out your deal, not only will I work to get the highest sales price, but I'll also campaign for limited closing costs. And once we've reached an agreement, I'll explain in detail the closing costs so you are aware of exactly what you're paying for.

Buyers: When purchasing a home in Alamance 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 a tolerable range so you're not startled when you get to closing time. I'll be happy to look at the GFE with you, answering your questions and highlighting any estimates that are uncertain.

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Mtg Loan Rate APR
30-yr Fixed 3.78% 3.9%
15-yr Fixed 3.08% 3.24%
1-yr Adj 2.74% 3.4%
* national averages

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