Understanding Closing Costs – BH&G Real Estate Masiello Group, Durham, New Hampshire

Closing Costs

There are certain standard costs associated with closing the sale of a house. These fees are split between the buyer and the seller, as spelled out in the sales contract.

As I negotiate the sales contract for you, I will not only work to get the sales price you want, I will also work to limit the number of closing costs for which you will be responsible.

I will walk you through the closing costs, answering any questions you may have explaining which costs are decreed by law to be yours and which are negotiable.

Good Faith Estimate

Buyers will receive a "Good Faith Estimate" of closing costs at the time the loan application is submitted to the lender. The estimate is based on the loan officer's past experience and may not include all the closing costs. I will be glad to review the "Good Faith Estimate," answering questions and highlighting missing costs and estimates I believe to be low.

Standard Closing Costs

Loan-Related Costs

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

Taxes

Property Taxes
Transfer Taxes and Recording Fees

Insurance

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

TO RECEIVE THE VALUE YOU'RE LOOKING FOR AND THE PROFESSIONAL SERVICE YOU EXPECT..CALL JOHANNA KNIGHT FOR ALL YOUR REAL ESTATE NEEDS

Welcome to the nhhomeview.com Web site (henceforth referred to as the “Web Site”), controlled and operated by Johanna Knight at 10 Pettee brook Lane, Durham NH. The goal of this Web Site is to provide you with access to the most complete network of real estate related products, services and relevant links, Johanna Knight copyrights, trademarks, service marks and other intellectual property rights protect all content.

Content on this Web Site or any Web Site owned, operated, licensed or controlled by the Providers is solely for your personal, non-commercial use only. However, you may not reproduce, republish, upload, post, transmit, distribute, and/or exploit the content or information in any way without the prior written consent of (agent name) or the providers.

In accordance with our goals, this Web Site may contain “links” to other Web Sites. They may or may not be affiliated with the Web Site and or (agent name), and they may have terms that differ from, or contain terms in addition to, the terms specified here. Your access to such Web sites through links provided on this Web Site is governed by the terms of use and policies of those sites, not this Web Site. They are provided for your convenience and information only and, as such, you access them at your own risk.