Closing costs you should expect

There are certain typical expenses associated with closing the sale of a house. These costs are often divided between the buyer and seller, as spelled out 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 guide you through the transaction.

Closing costs that are loan-related (Learn more)

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

At closing, these taxes are usually collected (Learn more)

Property Taxes
Transfer Taxes and Recording Fees

Insurance fees due at closing (Learn more)

Homeowners Insurance
Flood or Quake Insurance (optional)
Private Mortgage Insurance (PMI) (optional)
Title Insurance

Sellers: As we get through the details of your deal, I'll not only work to get the highest sales price, but I'll also push for lower closing costs. And once we've reached an agreement, I'll walk you through the closing costs so you know exactly what you're paying for.

Buyers: When buying a property in Washington 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 prior experience and is required to be within a tolerable range so you're not surprised when you get to closing time. I'll be willing to go through the LE with you, answering your questions and highlighting any estimates that are uncertain.