Finding the right home at the right price is just one aspect of a home sale or purchase. Shorewood Realtors is seasoned at helping both buyers and sellers when it comes to closings. E-mail or call us today at 310-346-4123 if your needs include a real estate pro ready for the business side of real estate.

Expected closing costs

There are certain normal expenses related to closing the sale of a house. These costs are often divided between the buyer and seller, as noted 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 lead you through the process.

Loan-related closing costs    (Learn more)

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

At closing, these taxes are usually paid    (Learn more)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (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 deal, not only will I work to get the very best sales price, but I'll also push for lower closing costs. And once we've come to an agreement, I'll fully explain the closing costs so you are aware of exactly what you're paying for.

Buyers: If you are buying real estate in Los Angeles 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 suitable range so you're not stunned when you get to the closing appointment. I'll be willing to go over the GFE with you, answering your questions and highlighting any estimates that seem off.

Shorewood Realtors 986 Artesia Blvd. Hermosa Beach, CA 90254
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All rate, payment, and area information are estimates and approximations only.



 
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