
	Don't forget to factor in closing costs when considering a home sale or purchase. RE/MAX Hometown Realtors is seasoned at assisting both buyers and sellers when it comes to closings. E-mail or call us today at (610) 566-1340 if your needs include a real estate pro ready for the business side of real estate.

Anticipated closing costs

There are certain ordinary costs related to closing the sale of a house. These expenses are often divided between the buyer and seller, as spelled out in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in Pennsylvania to help lead you through the deal.

Closing costs that are tied to your mortgage (Click here for more information)

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

At closing, the following taxes are usually paid (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 negotiate your deal, I'll not only work to get the optimal sales price, but I'll also advocate for lower closing costs. And once we've come to an agreement, I'll give a detailed list of the closing costs so you are informed of exactly where your money is going.

Buyers: When purchasing a house in Delaware 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 past experiences and is required to be within a tolerable range so you're not stunned when you get to the closing table. I'll be happy to go through the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.