Don't forget to factor in closing costs when considering a home sale or purchase. Hines & Associates Realty is experienced at helping both buyers and sellers when it comes to closings. E-mail or call us today at 704-990-2000 if your needs include a professional REALTOR® ready for the business side of real estate.

Expected closing costs

There are certain normal costs accompanying closing the sale of a house. These fees are often divided between the buyer and seller, as noted in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in North Carolina to help lead you through the process.

Costs pertaining to your mortgage to be paid at closing    (More information)

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

Taxes you may be responsible for at closing    (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 we work to get the highest sales price, but we will also advocate for limited closing costs. And once we've come to an agreement, we will fully clarify the closing costs so you are informed of exactly where your money is going.

Buyers: If you are purchasing a home in Mecklenburg County, you'll be given 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 past experiences and is required to be within a reasonable range so you're not astonished when you show up at closing time. We will be glad to review the GFE with you, answering your questions and highlighting any estimates that seem unusual.

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