Don't forget to factor in closing costs when considering a home sale or purchase. RE/MAX Real Estate Partners is seasoned at aiding both buyers and sellers when it comes to closings. E-mail or call us today at 740-435-0003 if your needs include a professional REALTOR® ready for the business side of buying and selling.

Expected closing costs

There are certain standard expenses linked to closing the sale of a house. These expenses are usually split between the buyer and seller, as dictated in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in Ohio to help show you through the deal.

Costs pertaining to your loan to be paid at closing    (Learn more)

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

At closing, the following taxes are usually collected    (Learn more)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Learn more)

  • 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 very best sales price, but I'll also campaign for lower closing costs. And once we've reached an agreement, I'll give a detailed list of the closing costs so you know exactly what you're paying for.

Buyers: If you are purchasing a house in Guernsey County, you will receive 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 astonished when you arrive at the closing table. I'll be willing to go through the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.
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