Closing costs you should expect

There are certain ordinary expenses related to closing the sale of a house. These fees are often split between the buyer and seller, as instructed in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in North Carolina to help show you through your process.

Closing costs that are loan-related (Click here for more information)

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

At closing, these taxes are usually collected (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 hammer out your transaction, I'll not only work to get the highest sales price, but I'll also campaign for reduced closing costs. And once we've come to an agreement, I'll describe in detail the closing costs so you are aware of exactly what you're paying for.

Buyers: If you are purchasing real estate in Watauga County, you'll receive a "Loan Estimate" (LE) 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 a suitable range so you're not startled when you arrive at the closing appointment. I'll be willing to review the LE with you, answering your questions and highlighting any estimates that seem unusual.