Don't forget to factor in closing costs when considering a home sale or purchase. Barbara Pearson-Sawyer, GRI is experienced at assisting both buyers and sellers when it comes to closings. E-mail or call me today at 719-207-3884 if your needs include a professional REALTOR® experienced in the business side of real estate.

Anticipated closing costs

There are certain normal expenses related to closing the sale of a house. These fees are often split 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 Colorado to help lead you through the process.

Loan-related closing costs    (Learn more)

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

At closing, the following taxes are usually collected    (Learn more)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Learn more)

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

Sellers: As we negotiate your transaction, not only will I work to get the highest sales price, but I'll also push for lower closing costs. And once we've reached an agreement, I'll fully explain the closing costs so you are informed of exactly where your money is going.

Buyers: If you're purchasing a home in Salida, 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 previous experience and is required to be within an acceptable range so you're not shocked when you reach the closing table. I'll be willing to look at the GFE with you, answering your questions and highlighting any estimates that seem off.

Looking to Buy?

Are you looking to buy a house? Let us help you. Just fill out as much of the information below that you want and we'll get right back to you, with no obligation to you. We guarantee your privacy.

Your Information
Some Details