Don't forget to factor in closing costs when considering a home sale or purchase. Realty Executives East Valley is seasoned at aiding both buyers and sellers when it comes to closings. E-mail or call us today at 602-999-0952 if your needs include a professional REALTOR® experienced in the business side of buying and selling.

Expected closing costs

There are certain basic fees related to closing the sale of a house. These expenses are often divided between the buyer and seller, as instructed in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in Arizona to help show you through the process.

Costs pertaining to your mortgage to be paid at closing    (Details)

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

Taxes commonly paid at closing    (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 get through the details of your transaction, not only will I work to get the very best sales price, but I'll also advocate for reduced closing costs. And once we've reached an agreement, I'll fully explain the closing costs so you know exactly where your money is going.

Buyers: If you are purchasing a property in Maricopa County, you'll get 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 prior experience and is required to be within a reasonable range so you're not startled when you reach closing time. I'll be happy to look at the GFE with you, answering your questions and highlighting any estimates that are uncertain.

 


Realty Executives East Valley 1166 E. Warner Rd. Ste. 117 Gilbert, AZ 85296
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