Anticipated closing costs

There are certain ordinary fees related to closing the sale of a house. These expenses are usually split 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 Virginia to help lead you through your deal.

Costs pertaining to your mortgage to be paid at closing    (Details)

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

Taxes you may be responsible for at closing    (Details)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (Details)

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

Sellers: As we hammer out your sale, I'll not only work to get the very best sales price, but I'll also advocate for limited closing costs. And once we've arrived at an agreement, I'll walk you through the closing costs so you are aware of exactly what you're paying for.

Buyers: When purchasing a house in Gloucester County, you will receive a "Loan Estimate" (LE) 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 glad to look through the LE with you, answering your questions and highlighting any estimates that seem unusual.

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