Finding the right home at the right price is just one aspect of a real estate transaction. McGuire Real Estate Group is seasoned at assisting both buyers and sellers when it comes to closings. E-mail
or call me today at 5704590779 if your needs include a professional REALTOR®
ready for the business side of buying and selling.
Closing costs you should expect
There are certain expected costs associated with closing the sale of a house. These expenses are commonly divided between the buyer and seller, as dictated in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in Pennsylvania to help guide you through the deal.
Closing costs that are loan-related
- Points (optional)
- Appraisal Fee
- Credit Report
- Interest Payment
- Escrow Account
At closing, these taxes are usually collected (Learn more)
- Property Taxes
- Transfer Taxes and Recording Fees
At closing, these fees are often due (Learn more)
- Homeowners Insurance
- Flood or Quake Insurance (optional)
- Private Mortgage Insurance (PMI) (optional)
- Title Insurance
Sellers: As we hammer out your transaction, not only will I work to get the optimal sales price, but I'll also campaign for lower closing costs. And once we've arrived at an agreement, I'll fully clarify the closing costs so you are informed of exactly where your money is going.
Buyers: When purchasing a property in Luzerne County, you'll get 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 past experiences and is required to be within an appropriate range so you're not stunned when you show up at the closing appointment. I'll be happy to go through the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.