What closing costs should you expect?

There are certain standard expenses related to closing the sale of a house. These costs are often split between the buyer and seller, as directed in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in South Carolina to help show you through your process.

Loan-related closing costs (Click here for details)

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

At closing, the following taxes are usually paid (Click here for details)

Property Taxes
Transfer Taxes and Recording Fees

At closing, these fees are often due (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, not only will I work to get the highest sales price, but I'll also push for lower closing costs. And once we've come to an agreement, I'll describe in detail the closing costs so you know exactly where your money is going.

Buyers: If you're buying a property in Lexington County, you will 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 a reasonable range so you're not surprised when you come to the closing table. I'll be happy to look at the LE with you, answering your questions and highlighting any estimates that seem off.

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