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.

I will walk you through the closing costs, answering any questions you may have.

Good Faith Estimate

Buyers will receive a "Good Faith Estimate" of closing costs at within three days of signing the loan application. I will go over this in detail so that you understand all the fees and to whom they are paid.

Standard Closing Costs

Loan-Related Costs

  • Loan Origination Fee
  • Points (optional)
  • Appraisal Fee
  • Credit Report
  • Interest Payment
  • Escrow Account, if required
  • Processing Fee

Taxes & Insurance

  • Property Taxes
  • Transfer Taxes and Recording Fees
  • Homeowners' Insurance
  • Flood or Quake Insurance, if required
  • Private Mortgage Insurance, if required 

Title & Escrow Fees

  • Escrow Fee
  • Title Insurance (Owners' and Lender's)
  • Notary, Wire, Courier, Document Preparation Fees
  • Recording Fees

      Other fees may be required, depending on each individual transaction and the county in which the property is bought or sold.

Sharon Begovich is a licensed Mortgage Loan Originator , California Department of Real Estate, License Number 01190720

At Home Associates is also licensed through the California Department of Real Estate, License Number 01379833.



 
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