CLOSING COSTS
There are certain standard costs associated with a closing. For the most part these fees are split between the buyer and the seller and are spelled out in the sales contract.
Typical Standard Closing costs include the following items:
Loan Origination Fee
Points (optional)
Appraisal Fee
Credit Report
Interest Payment
Escrow Account
Property Taxes
Transfer Taxes and Recording Fees
Homeowners Insurance
Flood Insurance
Private Mortgage Insurance (PMI)
Title Insurance
Here at New Horizon Realty we try to lower the number of costs you pay. We will work with you through this process as with all the others!
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