(240)765-1300 Upper Marlboro and I'll assist you to comprehend all the expenses and call attention to any mistakes. (240)765-1300 There are certain ordinary fees accompanying closing the sale of a house. These costs are often split 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 Maryland to help lead you through your process.

Loan-related closing costs    (Click here for details)

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

At closing, the following taxes are usually collected    (Click here for details)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Click here for details)

  • 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 very best sales price, but I'll also campaign for limited closing costs. And once we've arrived at an agreement, I'll explain in detail the closing costs so you know exactly where your money is going.

Buyers: If you're buying real estate in Prince Georges 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 a reasonable range so you're not shocked when you arrive at the closing table. I'll be willing to look through the GFE with you, answering your questions and highlighting any estimates that are uncertain.