Finding the right home at the right price is just one aspect of a home sale or purchase. Boyd Real Estate is experienced at helping both buyers and sellers when it comes to closings. E-mail or call us today at 4055555555 if your needs include a real estate pro experienced in the business side of buying and selling.

Expected closing costs

There are certain ordinary costs linked to closing the sale of a house. These expenses are usually split between the buyer and seller, as instructed in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in Oklahoma to help lead you through the process.

Costs pertaining to your loan to be paid at closing    (Details)

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

At closing, the following taxes are usually paid    (Details)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Details)

  • Homeowners Insurance
  • Flood or Quake Insurance (optional)
  • Private Mortgage Insurance (PMI) (optional)
  • Title Insurance

Sellers: As we get through the details of your transaction, not only will we work to get the very best sales price, but we will also push for reduced closing costs. And once we've arrived at an agreement, we'll explain in detail the closing costs so you are informed of exactly where your money is going.

Buyers: If you are purchasing real estate in Cleveland 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 prior experience and is required to be within a suitable range so you're not startled when you come to closing time. A member of our team will be glad to look over the GFE with you, answering your questions and highlighting any estimates that seem off.

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