Don't forget to factor in closing costs when considering a home sale or purchase. TIGER RUN REAL ESTATE SALES - 970-453-4422 is experienced at assisting both buyers and sellers when it comes to closings. E-mail or call me today at (970) 453-4422 if your needs include a real estate pro ready for the business side of buying and selling.

Anticipated closing costs

There are certain basic expenses linked to closing the sale of a house. These costs are often split between the buyer and seller, as directed in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in Colorado to help lead you through your deal.

Closing costs that are loan-related    (Details)

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

At closing, the following taxes are usually collected    (Details)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Details)

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

Sellers: As we hammer out your sale, not only will I work to get the optimal sales price, but I'll also advocate for reduced closing costs. And once we've come to an agreement, I'll describe in detail the closing costs so you are informed of exactly what you're paying for.

Buyers: When buying a home in Breckenridge, 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 suitable 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 of concern.

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