Closing costs you should expect

There are certain normal fees linked to closing the sale of a house. These fees are often divided between the buyer and seller, as spelled out in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in Oklahoma to help guide you through the transaction.

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

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

At closing, the following taxes are usually collected    (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 get through the details of your transaction, I'll not only work to get the highest sales price, but I'll also advocate for lower closing costs. And once we've reached an agreement, I'll walk you through the closing costs so you are aware of exactly what you're paying for.

Buyers: If you are purchasing a property in Muskogee, you'll be given a "Loan Estimate" (LE) of closing costs within three days of submitting your loan application and a "Closing Disclosure" no fewer than three days prior to closing. These estimates are based on the loan officer's past experiences and are required to be within an acceptable range so you're not startled when you arrive at closing time. I'll be willing to look at the estimate with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.

Finding the right home at the right price is just one part of a real estate transaction. Leslie Scott Realty, LLC is experienced at aiding both buyers and sellers when it comes to closings. E-mail or call me today at (918) 682-2129 if your needs include a professional REALTOR® experienced in the business side of buying and selling.