Finding the right home at the right price is just one aspect of a home sale or purchase. Phillips Property Group is seasoned at assisting both buyers and sellers when it comes to closings. E-mail or call us today at 5072859400 if your needs include a professional REALTOR® experienced in the business side of real estate.
Anticipated closing costs
There are certain typical fees accompanying closing the sale of a house. These expenses are often split between the buyer and seller, as instructed in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in Minnesota to help guide you through the deal.
Costs pertaining to your loan to be paid at closing
(Details)
Points (optional)
Appraisal Fee
Credit Report
Interest Payment
Escrow Account
At closing, these taxes are usually collected (Details)
Sellers: As we hammer out your deal, not only will I work to get the highest sales price, but I'll also advocate for reduced closing costs. And once we've reached an agreement, I'll describe in detail the closing costs so you are aware of exactly what you're paying for.
Buyers: If you're buying a home in Olmsted County, 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 reasonable range so you're not startled when you arrive at the closing table. I'll be glad to go over the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.
3338 19th Street NW Suite 102 Rochester, MN 55901 Phone: Fax:
