
	Finding the right home at the right price is just one aspect of a real estate transaction. ABC Real Estate Services, Inc. is seasoned at helping both buyers and sellers when it comes to closings. E-mail or call us today at (347) 787-6902 if your needs include a professional REALTOR^® experienced in the business side of real estate.

Closing costs you should expect

There are certain typical expenses linked to closing the sale of a house. These costs are often divided between the buyer and seller, as noted in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in New York to help guide you through the deal.

Closing costs that are loan-related (Click here for details)

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

Taxes commonly paid 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 deal, I'll not only work to get the optimal sales price, but I'll also push for limited closing costs. And once we've come to an agreement, I'll walk you through the closing costs so you are aware of exactly what you're paying for.

Buyers: If you are buying a property in Kings County, you will receive 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 appropriate range so you're not astonished when you get to the closing table. I'll be happy to look through the GFE with you, answering your questions and highlighting any estimates that seem questionable.

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