Closing Costs

There are certain standard costs associated with closing the sale of a house. These fees are split between the buyer and the seller, as spelled out in the sales contract.

As I negotiate the sales contract for you, I will not only work to get the sales price you want, I will also work to limit the number of closing costs for which you will be responsible.

I will walk you through the closing costs, answering any questions you may have explaining which costs are decreed by law to be yours and which are negotiable.

Good Faith Estimate

Buyers will receive a "Good Faith Estimate" of closing costs at the time the loan application is submitted to the lender. The estimate is based on the loan officer's past experience and may not include all the closing costs. I will be glad to review the "Good Faith Estimate," answering questions and highlighting missing costs and estimates I believe to be low.

Standard Closing Costs

Loan-Related Costs

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

Taxes

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance

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

 

Douglas County Office -- From Hwy 395 south of Carson City turn into the Home Depot/Target Center
951 Jack's Valley Rd, Ste E, Carson City NV 89705 
             Phone: 775-782-0333/ FAX: 775-267-3354                 

NV Mortgage Lending Div Broker  #144  &  CA Dept of Corp Finance Lenders License #603E110

Contact Us | How Escrow Works | Closing Costs | Download Adobe Acrobat | Tell a Friend | Home | Loan App Checklist | Loan Application | The Loan Process | Get Your Loan Faster! | Fixed Vs. Adjustable | Improve Your Credit Score | When to Refinance | Loan Application Info | Rate Lock Periods | Rates and A.P.R. | Refinancing Options | Customer Login | Mistakes on Your Report | Debt-to-Income Ratios | Home Equity Loans

Copyright © 2008 MTM Capital Services
Portions Copyright © 2008 a la mode, inc.
Another XSite by a la mode, inc. | Terms of UseSite Map