Don't forget to factor in closing costs when considering a home sale or purchase. Realty Experts/J & P Financial, Inc. is experienced at aiding both buyers and sellers when it comes to closings. E-mail or call us today at 760-751-1857 if your needs include a real estate pro experienced in the business side of real estate.

Anticipated closing costs

There are certain expected expenses related to closing the sale of a house. These expenses are commonly split 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 California to help lead you through your transaction.

Closing costs that are tied to financing    (More information)

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

At closing, the following taxes are usually paid    (More information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (More information)

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

Sellers: As we negotiate your sale, not only will I work to get the very best sales price, but I'll also push for reduced closing costs. And once we've arrived at an agreement, I'll fully clarify the closing costs so you know exactly where your money is going.

Buyers: If you are buying real estate in San Diego County, you'll 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 prior experience and is required to be within a reasonable range so you're not startled when you come to the closing appointment. I'll be willing to go over the GFE with you, answering your questions and highlighting any estimates of concern.

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