Don't forget to factor in closing costs when considering a home sale or purchase. Barbara Pearson-Sawyer, GRI is experienced at aiding both buyers and sellers when it comes to closings. E-mail or call us today at 719-207-3884 if your needs include a professional REALTOR® ready for the business side of real estate.
Expected closing costs
There are certain basic expenses associated with closing the sale of a house. These costs are usually split between the buyer and seller, as dictated in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in Colorado to help guide you through your deal.
Costs pertaining to your mortgage to be paid at closing
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Points (optional)
Appraisal Fee
Credit Report
Interest Payment
Escrow Account
At closing, the following taxes are usually collected (More information)
Sellers: As we negotiate your sale, I'll not only 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 aware of exactly where your money is going.
Buyers: If you're purchasing real estate in Chaffee County, you will 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 reasonable range so you're not shocked when you reach closing time. I'll be glad to review the GFE with you, answering your questions and highlighting any estimates that seem unusual.
* MOL = More or Less
First Colorado Land Office, Inc.
Barbara Pearson-Sawyer, GRI Broker Associate
Barbara Pearson-Sawyer, GRI 7385 W. Highway 50 P.O. Box 749 Salida, CO 81201
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First Colorado Land Office, Inc.