Calculating closing costs for a home sale or purchase in Edmond Oklahoma 405-216-5825

Expected closing costs

Elite Realty Team LLC can walk you through closing - 405-216-5825

There are certain ordinary expenses accompanying closing the sale of a house. These fees are commonly 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 Oklahoma to help lead you through your transaction.

Loan-related closing costs (Click here for more information)

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

Taxes commonly paid at closing (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 very best sales price, but we'll also advocate for lower closing costs. And once we've arrived at an agreement, we'll give a detailed list of the closing costs so you are informed of exactly where your money is going.

Buyers: If you are buying real estate in Edmond, you'll get 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 a tolerable range so you're not startled when you reach the closing appointment. We'll be willing to look over the estimate with you, answering your questions and highlighting any estimates that are uncertain.

Don't forget to factor in closing costs when considering a home sale or purchase. Elite Realty Team LLC is seasoned at aiding both buyers and sellers when it comes to closings. E-mail or call me today at 405-216-5825 if your needs include a professional REALTOR^® experienced in the business side of buying and selling.