Anticipated closing costs

There are certain standard costs associated with closing the sale of a home. These costs are often divided between the buyer and seller, as spelled out in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in North Carolina to help guide you through the transaction.

Costs pertaining to your loan to be paid at closing    (More information)

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

Taxes you may be responsible for at closing    (More information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (More information)

  • Homeowners Insurance
  • Flood or Quake Insurance (optional)
  • Private Mortgage Insurance (PMI) (optional)
  • Title Insurance

Sellers: As we negotiate your transaction, I'll not only work to get the very best sales price, but I'll also campaign for reduced closing costs. And once we've come to an agreement, I'll fully clarify the closing costs so you are aware of exactly what you're paying for.

Buyers: When buying a property in Burlington, you'll be given 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 previous experience and are required to be within an appropriate range so you're not shocked when you show up at the closing appointment. I'll be happy to look through the estimate with you, answering your questions and highlighting any estimates that seem unusual.

Finding the right home at the right price is just one part of a home sale or purchase. Massey Real Estate is experienced at helping both buyers and sellers when it comes to closings. E-mail or call me today at 336-512-0640 if your needs include a professional REALTOR® ready for the business side of real estate.

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