Expected closing costs

There are certain standard expenses related to closing the sale of a house. These costs are often divided between the buyer and seller, as spelled out in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in California to help guide you through your process.

Loan-related closing costs    (Learn more)

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

At closing, the following taxes are usually collected    (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 negotiate your transaction, I'll not only work to get the very best sales price, but I'll also advocate for limited closing costs. And once we've arrived at an agreement, I'll fully clarify the closing costs so you are aware of exactly where your money is going.

Buyers: When purchasing a property in Los Angeles County, you'll receive 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 an acceptable range so you're not stunned when you arrive at the closing appointment. I'll be willing to go over the LE with you, answering your questions and highlighting any estimates that seem off.

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