Expected closing costs

There are certain basic fees linked to closing the sale of a house. These costs are usually split between the buyer and seller, as directed 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 guide you through the deal.

Closing costs that are loan-related    (Learn more)

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

At closing, the following taxes are usually paid    (Learn more)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (Learn more)

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

Sellers: As we get through the details of your deal, not only will I work to get the highest sales price, but I'll also advocate for lower closing costs. And once we've reached an agreement, I'll walk you through the closing costs so you are aware of exactly what you're paying for.

Buyers: When purchasing a property 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 past experiences and is required to be within an acceptable range so you're not stunned when you get to the closing table. I'll be glad to go over the LE with you, answering your questions and highlighting any estimates that seem questionable.

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