Anticipated closing costs

 Weichert Reynolds Real Estate can walk you through closing - 360-412-6731
There are certain basic fees accompanying closing the sale of a home. These expenses are usually split between the buyer and seller, as directed in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in Washington to help direct you through your deal.

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

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

At closing, the following taxes are usually collected    (Click here for more information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (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 sale, not only will we work to get the optimal sales price, but we'll also push for reduced closing costs. And once we've reached an agreement, we'll walk you through the closing costs so you are informed of exactly where your money is going.

Buyers: If you're purchasing a property in Olympia, 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 past experiences and are required to be within a reasonable range so you're not startled when you come to the closing appointment. We'll be willing to go through the estimate with you, answering your questions and highlighting any estimates that are uncertain.

Finding the right home at the right price is just one aspect of a real estate transaction. WEICHERT, REALTORS® Reynolds Real Estate is seasoned at assisting both buyers and sellers when it comes to closings. E-mail or call us today at 360-412-6731 if your needs include a real estate pro experienced in the business side of buying and selling.

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