Expected closing costs

There are certain standard fees associated with closing the sale of a house. These expenses are usually divided between the buyer and seller, as dictated in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in California to help lead you through the transaction.

Closing costs that are tied to your mortgage    (Click here for more information)

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

Taxes commonly paid at closing    (Click here for more information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Click here for 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, not only will I work to get the very best sales price, but I'll also campaign for lower closing costs. And once we've arrived at an agreement, I'll give a detailed list of the closing costs so you are aware of exactly where your money is going.

Buyers: If you are purchasing a property in Kern 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 previous experience and is required to be within a suitable range so you're not startled when you get to closing time. I'll be glad to look over the LE with you, answering your questions and highlighting any estimates that seem questionable.

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