Finding the right home at the right price is just one aspect of a real estate transaction. BrokerInTrust Real Estate - Melanie McShane is seasoned at aiding both buyers and sellers when it comes to closings. E-mail or call me today at (626)461-7066 if your needs include a real estate pro experienced in the business side of real estate.

Closing costs you should expect

There are certain ordinary costs related to closing the sale of a house. These costs are commonly divided between the buyer and seller, as directed in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in California to help direct you through the process.

Loan-related closing costs    (More information)

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

Taxes you may be responsible for at closing    (More information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (More information)

  • 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 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 house in Los Angeles County, you'll receive 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 shocked when you show up at closing time. I'll be glad to look over the GFE with you, answering your questions and highlighting any estimates that seem unusual.