Closing costs you should expect

There are certain typical fees accompanying 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 universal, but there are nuances to each, so you'll want a real estate expert in Washington to help show you through the deal.

Loan-related closing costs    (Details)

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

At closing, these taxes are usually paid    (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 hammer out your transaction, not only will I work to get the highest sales price, but I'll also push for limited closing costs. And once we've reached an agreement, I'll fully clarify the closing costs so you know exactly where your money is going.

Buyers: If you're purchasing a house in Pierce County, you'll receive 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 astonished when you arrive at the closing appointment. I'll be glad to go over the LE with you, answering your questions and highlighting any estimates that are uncertain.

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