Closing costs you should expect

There are certain ordinary expenses associated with closing the sale of a house. These costs are usually 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 Oklahoma to help lead you through your deal.

Loan-related closing costs    (Details)

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

At closing, the following taxes are usually collected    (Details)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Details)

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

Sellers: As we negotiate your transaction, not only will I work to get the very best sales price, but I'll also push for lower closing costs. And once we've come to an agreement, I'll walk you through the closing costs so you know exactly where your money is going.

Buyers: If you're purchasing real estate in Oklahoma County, you'll 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 prior experience and is required to be within a tolerable range so you're not surprised when you come to the closing appointment. I'll be glad to look through the LE with you, answering your questions and highlighting any estimates that seem questionable.

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