Expected closing costs

 Gamble Realty, Inc can walk you through closing - 301-802-7264


There are certain typical expenses related to closing the sale of a house. These expenses are usually split between the buyer and seller, as instructed in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in Maryland to help direct you through the process.

Loan-related closing costs    (Click here for more information)

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

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

Buyers: When purchasing a property in Odenton, 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 prior experience and are required to be within an appropriate range so you're not stunned when you show up at the closing appointment. We'll be willing to go through the estimate with you, answering your questions and highlighting any estimates that seem off.

Finding the right home at the right price is just one aspect of a real estate transaction. Gamble Realty, Inc is experienced at helping both buyers and sellers when it comes to closings. E-mail or call me today at 301-802-7264 if your needs include a professional REALTOR® experienced in the business side of buying and selling.

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