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Expected closing costs

There are certain basic expenses associated with closing the sale of a house. These costs are often divided between the buyer and seller, as instructed in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in Pennsylvania to help guide you through your process.

Closing costs that are loan-related    (Click here for more information)

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

At closing, these taxes are usually collected    (Click here for more information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (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 sale, not only will I work to get the very best sales price, but I'll also advocate for limited closing costs. And once we've reached an agreement, I'll give a detailed list of the closing costs so you know exactly where your money is going.

Buyers: When purchasing a house in County, you will be given a "Loan Estimate" (LE) of closing costs within three days of submitting your loan application. The estimate is based on the loan officer's prior experience and is required to be within an appropriate range so you're not startled when you come to the closing table. I'll be happy to review the LE with you, answering your questions and highlighting any estimates that seem off.

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