There are certain basic expenses associated with closing the sale of a home. These expenses are often divided 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 Arizona to help lead you through the transaction.
- Points (optional)
- Appraisal Fee
- Credit Report
- Interest Payment
- Escrow Account
- Property Taxes
- Transfer Taxes and Recording Fees
- Homeowners Insurance
- Flood or Quake Insurance (optional)
- Private Mortgage Insurance (PMI) (optional)
- Title Insurance
Sellers: As we hammer out your transaction, not only will we work to get the optimal sales price, but we'll also advocate for reduced closing costs. And once we've reached an agreement, we'll walk you through the closing costs so you are aware of exactly what you're paying for.
Buyers: If you are buying a property in Tucson, 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 past experiences and are required to be within a reasonable range so you're not shocked when you show up at the closing appointment. We'll be willing to go 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. Tierra Antigua Realty is seasoned at assisting both buyers and sellers when it comes to closings. E-mail
or call me today at 520-577-9333 if your needs include a professional REALTOR®
experienced in the business side of buying and selling.