
	Don't forget to factor in closing costs when considering a home sale or purchase. Quixote Properties, Inc. is experienced at assisting both buyers and sellers when it comes to closings. E-mail or call us today at 919-308-6248 if your needs include a real estate pro ready for the business side of real estate.

Expected closing costs

There are certain normal expenses linked to closing the sale of a house. These costs are often split between the buyer and seller, as directed in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in North Carolina to help show you through the transaction.

Loan-related closing costs (Learn more)

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

Taxes you may be responsible for at closing (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 negotiate your deal, not only will I work to get the optimal sales price, but I'll also push for lower closing costs. And once we've arrived at an agreement, I'll describe in detail the closing costs so you are aware of exactly where your money is going.

Buyers: If you're purchasing a home in Durham County, you will 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 suitable range so you're not astonished when you reach closing time. I'll be willing to look through the GFE with you, answering your questions and highlighting any estimates that seem off.