Closing costs you should expect

There are certain standard costs accompanying closing the sale of a house. These expenses are usually divided between the buyer and seller, as noted in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in New York to help show you through your transaction.

Costs pertaining to your mortgage to be paid at closing    (More information)

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

Taxes commonly paid at closing    (More information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (More information)

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

Sellers: As we hammer out your deal, not only will I work to get the very best sales price, but I'll also push 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 where your money is going.

Buyers: If you are purchasing a home in Saratoga County, you will be given a "Loan Estimate" (LE) 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 surprised when you arrive at the closing appointment. I'll be glad to go through the LE with you, answering your questions and highlighting any estimates that seem off.

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