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Don't forget to factor in closing costs when considering a home sale or purchase. Re/Max of Boulder is seasoned at assisting both buyers and sellers when it comes to closings. E-mail or call us today at 303-449-7000 if your needs include a real estate pro ready for the business side of buying and selling.
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Closing costs you should expect
There are certain normal fees related to closing the sale of a house. These expenses are commonly divided between the buyer and seller, as dictated in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in Colorado to help guide you through the transaction.
- Points (optional)
- Appraisal Fee
- Credit Report
- Interest Payment
- Escrow Account
At closing, these taxes are usually collected (More information)
- Property Taxes
- Transfer Taxes and Recording Fees
At closing, these fees are often due (More information)
- Homeowners Insurance
- Flood or Quake Insurance (optional)
- Private Mortgage Insurance (PMI) (optional)
- Title Insurance
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Sellers: As we get through the details of your deal, I'll not only work to get the very best sales price, but I'll also push for limited closing costs. And once we've come to an agreement, I'll fully clarify the closing costs so you know exactly where your money is going.
Buyers: When buying a property in Boulder County, you'll receive 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 an acceptable range so you're not surprised when you show up at closing time. I'll be happy to review the GFE with you, answering your questions and highlighting any estimates that are uncertain.
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