401-932-9005 North Kingstown and I'll aid you to be aware of all the fees and identify any inaccuracies. 401-932-9005 There are certain typical costs related to closing the sale of a house. These costs are often divided between the buyer and seller, as dictated in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in Rhode Island to help lead you through your process.

Costs pertaining to your loan to be paid at closing    (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 hammer out your deal, I'll not only work to get the optimal sales price, but I'll also advocate for limited closing costs. And once we've reached an agreement, I'll fully explain the closing costs so you are aware of exactly where your money is going.

Buyers: If you're purchasing real estate in Washington County, you'll receive 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 an appropriate range so you're not stunned when you show up at the closing appointment. I'll be glad to look over the GFE with you, answering your questions and highlighting any estimates that seem off.