Don't forget to factor in closing costs when considering a home sale or purchase. Preferred Real Estate Services is seasoned at aiding both buyers and sellers when it comes to closings. E-mail or call us today at 425.820.1495 if your needs include a professional REALTOR® ready for the business side of real estate.

Expected closing costs

There are certain expected fees associated with closing the sale of a house. These costs are usually 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 Washington to help guide you through your deal.

Loan-related closing costs    (Details)

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

At closing, the following taxes are usually collected    (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 hammer out your sale, not only will we work to get the highest sales price, but I'll also advocate for lower closing costs. And once we've come to an agreement, Iwe will walk you through the closing costs so you are aware of exactly where your money is going.

Buyers: When buying real estate in Washington state, you will get 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 previous experience and is required to be within a tolerable range so you're not shocked when you show up at closing time. I'll be happy to look at the GFE with you, answering your questions and highlighting any estimates that seem off.
10739 Durland Ave NE Seattle, WA 98125
Phone: Fax:

First Time Buyers | Home Buyer Checklist | For Buyers | Real Estate Glossary | Selling Your Home | Home | Site Map | Home Appreciation | Foreclosure Listings

Copyright © 2012 Preferred Real Estate Services
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin Login| Terms of Use| Site Map
All rate, payment, and area information are estimates and approximations only.