Don't forget to factor in closing costs when considering a home sale or purchase. Brian L. A. Wess - CRS, GRI, ABR, ASR, CSR, CNS, SFR, e-PRO is seasoned at assisting both buyers and sellers when it comes to closings. E-mail or call us today at (719) 528-6672 if your needs include a real estate pro experienced in the business side of real estate.

Anticipated closing costs

There are certain normal costs accompanying closing the sale of a house. These fees are usually divided between the buyer and seller, as instructed in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in Colorado to help show you through your transaction.

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

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

Taxes you may be responsible for 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 get through the details of your sale, I'll not only work to get the optimal sales price, but I'll also campaign for reduced closing costs. And once we've reached an agreement, I'll fully clarify the closing costs so you know exactly what you're paying for.

Buyers: When buying a house in El Paso County, you'll 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 past experiences and is required to be within an acceptable range so you're not astonished when you arrive at the closing table. I'll be willing to look over the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.

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Brian L. A. Wess (Pat Newell & Associates - Metro Brokers): Real Estate Agent in Colorado Springs, El Paso County, Colorado

 


Brian L. A. Wess - CRS, GRI, ABR, ASR, CSR, CNS, SFR, e-PRO Infinite Horizons Realty 2910 N. Powers Blvd, #174 Colorado Springs, CO 80922
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