Finding the right home at the right price is just one aspect of a home sale or purchase. J.A. Trautmann Realtors is seasoned at helping both buyers and sellers when it comes to closings. E-mail or call us today at (513) 752-5000 if your needs include a professional REALTOR® experienced in the business side of real estate.
Closing costs you should expect
There are certain ordinary fees related to closing the sale of a house. These fees 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 Ohio to help direct you through the process.
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 transaction, not only will we work to get the very best sales price, but we’ll also campaign for lower closing costs. And once we’ve arrived at an agreement, we’ll describe in detail the closing costs so you know exactly what you’re paying for.
Buyers: When purchasing a home in Clermont 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 appropriate range so you’re not astonished when you get to the closing appointment. We’ll be willing to look over the GFE with you, answering your questions and highlighting any estimates that seem unusual.
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