Anticipated closing costs

There are certain basic expenses associated with closing the sale of a house. These expenses are commonly divided 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 South Carolina to help show you through your process.

Closing costs that are tied to your mortgage    (More information)

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

Taxes commonly paid at closing    (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 transaction, not only will I work to get the highest sales price, but I'll also advocate for limited closing costs. And once we've come to an agreement, I'll give a detailed list of the closing costs so you know exactly where your money is going.

Buyers: If you're purchasing a home in Lexington County, you'll get a "Loan Estimate" (LE) 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 appropriate range so you're not stunned when you get to closing time. I'll be willing to look over the LE with you, answering your questions and highlighting any estimates that seem off.

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