Closing costs you should expect

There are certain standard fees associated with closing the sale of a house. These fees are often divided between the buyer and seller, as noted in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in California to help lead you through your process.

Closing costs that are tied to financing (Details)

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

Taxes you may be responsible for at closing (Details)

Property Taxes
Transfer Taxes and Recording Fees

At closing, these fees are often due (Details)

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

Sellers: As we get through the details of your deal, not only will I work to get the highest sales price, but I'll also campaign for lower closing costs. And once we've come to an agreement, I'll give a detailed list of the closing costs so you are aware of exactly where your money is going.

Buyers: If you're buying a property in Los Angeles County, you will be given 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 an acceptable range so you're not surprised when you get to closing time. I'll be happy to go over the GFE with you, answering your questions and highlighting any estimates that seem unusual.

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Hollywood Hills Homes for Sale

Hollywood Hills Real Estate

Direct: (310) 614-1393
Fax: (310) 882-6821
jeffgiordano@kw.com