Closing Costs

There are certain standard costs linked to closing the sale of a house. These costs are usually split between the buyer and seller, as spelled out in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in Oklahoma to help guide you through your transaction.

Loan-related closing costs
Points (optional)
Appraisal Fee
Credit Report
Interest Payment
Escrow Account
At closing, these taxes are usually paid 
Property Taxes
Transfer Taxes and Recording Fees
At closing, these fees are often due 
Homeowners Insurance
Flood or Quake Insurance (optional)
Private Mortgage Insurance (PMI) (optional)
Title Insurance

Sellers: As we negotiate your sale, I'll not only work to get the optimal sales price, but I'll also push for limited closing costs. And once we've come to an agreement, I'll explain in detail the closing costs so you know exactly what you're paying for.

Buyers: If you're purchasing a house in Oklahoma County, you will get a "Loan Estimate" (LE) 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 startled when you arrive at the closing table. I'll be happy to look through the LE with you, answering your questions and highlighting any estimates of concern.