What are Closing Cost?

Closing Costs are simply costs that pertain to the loan for of your home that is collected at closing. Closing Costs may include the following: 

- An Appraisal Fee
- Reduced Interest Points purchased 
-Loan Interest Payment 
-Credit Report 
-Funds to open your escrow account 
-Insurance (including homeowners insurance, title insurance private mortgage insurance and in some cases flood insurance
-Property Taxes 
-Recording fees & Excise Taxes 

A Note to Homeowners/Sellers

As we together negotiate your deal, we will aim to secure the highest possible sales price while also advocating for reduced closing costs. After reaching an agreement, rest assured that I will guide you through all potential closing costs, ensuring you know exactly how your money is being spent.

A Note to Buyers: 

​When buying a home in the Triangle area, your lender is required to provide you with a "Loan Estimate" within three days of submitting your loan application. This estimate will include an approximate amount for your closing costs, based on the loan officer's prior experience. The estimate is designed to be reasonably accurate so that there are no surprises at closing. Although I, as your Realtor, do not receive a copy of your loan estimate, I’m more than happy to assist you in reviewing it and addressing any questions you may have with your lender.

Have additional questions? Text 919-810-3832 or submit the Quick Form Below for a fast reply and answer.