Expected closing costs

There are certain expected fees associated with closing the sale of a house. These costs are often divided between the buyer and seller, as spelled out 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 the transaction.

Loan-related closing costs    (Details)

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

At closing, these taxes are usually collected    (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 get through the details of your sale, not only will I work to get the optimal sales price, but I'll also push for lower closing costs. And once we've reached an agreement, I'll explain in detail the closing costs so you know exactly what you're paying for.

Buyers: If you are buying real estate in Wake 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 tolerable range so you're not startled when you arrive at closing time. I'll be happy to look at the LE with you, answering your questions and highlighting any estimates of concern.

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O'Brien & Associates Realty Inc @ Keller Williams Raleigh

4700 Homewood Ct STE 200
Raleigh, North Carolina 27609