Don't forget to factor in closing costs when considering a home sale or purchase. GDW Realty is seasoned at assisting both buyers and sellers when it comes to closings. E-mail
or call us today at (760) 328-3381 if your needs include a professional REALTOR®
experienced in the business side of real estate.
Closing costs you should expectThere are certain ordinary fees linked to closing the sale of a house. These expenses are commonly split between the buyer and seller, as dictated in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in California to help direct you through the transaction.
Loan-related closing costs (Details)
- Points (optional)
- Appraisal Fee
- Credit Report
- Interest Payment
- Escrow Account
Taxes you may be responsible for at closing (Details)
- Property Taxes
- Transfer Taxes and Recording Fees
Insurance fees due at closing (Details)
- Homeowners Insurance
- Flood or Quake Insurance (optional)
- Private Mortgage Insurance (PMI) (optional)
- Title Insurance
Sellers: As we negotiate your transaction, not only will we work to get the very best sales price, but we'll also push for limited closing costs. And once we've come to an agreement, we'll walk you through the closing costs so you know exactly where your money is going.
Buyers: If you're purchasing a property in Riverside County, you'll be given 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 surprised when you arrive at closing time. We'll be glad to look over the GFE with you, answering your questions and highlighting any estimates in question.