
	Don't forget to factor in closing costs when considering a home sale or purchase. Keller Williams® Realty is experienced at helping both buyers and sellers when it comes to closings. E-mail me or call me today at 757-270-6318 if your needs include a professional REALTOR^® ready for the business side of real estate.

Closing costs you should expect

There are certain standard expenses linked to closing the sale of a house. These costs are commonly split between the buyer and seller, as spelled out in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in Virginia to help guide you through your process.

Costs pertaining to your mortgage to be paid at closing (Click here for details)

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

Taxes you may be responsible for at closing (Click here for details)

Property Taxes
Transfer Taxes and Recording Fees

Insurance fees due at closing (Click here for details)

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 very best sales price, but I'll also push for limited closing costs. And once we've reached an agreement, I'll give a detailed list of the closing costs so you are aware of exactly what you're paying for.

Buyers: When purchasing a house in Virginia Beach City County, 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 prior experience and is required to be within an acceptable range so you're not astonished when you show up at the closing table. I'll be glad to look through the GFE with you, answering your questions and highlighting any estimates of concern.

Tracy Turner - Keller Williams Realty - 1100 Volvo Parkway, Suite 200 - Chesapeake, VA 23320 - Office: 757-361-0106 - Cell: 757-270-6318 - My Fax: 866-509-1539 - Email: tracy.turner@kw.com Each Keller Williams is independently owned and operated.