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


Unlimited Mortgage Services Inc. 1390 South Dixie Highway Suite 2209 Coral Gables, Florida 33146
Phone: Toll Free Phone: Cell: Fax:

Contact Us | Tax Closing Costs | Closing costs - loans | Closing costs - Ins. | Your FICO score | How Escrow Works | Closing Costs | Real Estate Glossary | Home | Your Down Payment | Documenting Assets | Living Trusts | Site Map | Loan Application | Improve Your Credit Score | Should you buy points? | Types of Insurance | When to Refinance | Rates and A.P.R. | Mortgage Points Calc | 15 vs 30 Year Mtg Calc | Required Income Calc | Maximum Mortgage Calc | Rent vs Buy Calc | Refi Interest Savings Calc | Refi Breakeven Calc | Customer Login | Interest Only Calc

Copyright © 2008 Unlimited Mortgage Services Inc.
Portions Copyright © 2008 a la mode, inc.
Another XSite by a la mode, inc. | Admin LoginTerms of UseSite Map