What closing costs should you expect?

 Mei Loh-Becker can walk you through closing - 702-325-0799
There are certain ordinary expenses related to closing the sale of a house. These costs are commonly 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 Nevada to help guide you through the process.

Closing costs that are loan-related    (More information)

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

At closing, the following taxes are usually paid    (More information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (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 deal, I'll not only work to get the optimal sales price, but I'll also campaign for reduced 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: If you are purchasing real estate in Henderson, you'll receive 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 prior experience and are required to be within a suitable range so you're not shocked when you show up at closing time. I'll be willing to look through the estimate with you, answering your questions and highlighting any estimates in question.

Finding the right home at the right price is just one aspect of a real estate transaction. Mei Loh-Becker is seasoned at helping both buyers and sellers when it comes to closings. E-mail or call me today at 702-325-0799 if your needs include a real estate pro experienced in the business side of buying and selling.

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