Closing Costs - What to Expect 111-111-1111

Closing costs you should expect

Metro Properties can walk you through closing - 111-111-1111

There are certain typical costs associated with closing the sale of a home. These fees are often split between the buyer and seller, as instructed in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in Oklahoma to help lead you through your transaction.

Closing costs that are loan-related (Click here for more information)

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

At closing, these taxes are usually collected (Click here for more information)

Property Taxes
Transfer Taxes and Recording Fees

Insurance fees due at closing (Click here for more information)

Homeowners Insurance
Flood or Quake Insurance (optional)
Private Mortgage Insurance (PMI) (optional)
Title Insurance

Sellers: As we hammer out your sale, not only will we work to get the highest sales price, but we'll also advocate for lower closing costs. And once we've arrived at an agreement, we'll explain in detail the closing costs so you know exactly what you're paying for.

Buyers: If you are purchasing real estate in Oklahoma City, you'll be given a "Loan Estimate" (LE) of closing costs within three days of submitting your loan application and a "Closing Disclosure" no fewer than three days prior to closing. These estimates are based on the loan officer's prior experience and are required to be within an appropriate range so you're not shocked when you arrive at the closing appointment. We'll be glad to look over the estimate with you, answering your questions and highlighting any estimates that seem off.

Finding the right home at the right price is just one part of a home sale or purchase. Metro Properties is experienced at helping both buyers and sellers when it comes to closings. E-mail or call me today at 111-111-1111 if your needs include a real estate pro experienced in the business side of real estate.

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