What closing costs should you expect?

There are certain expected costs related to closing the sale of a house. These expenses are often split between the buyer and seller, as noted 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 (Details)

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

Taxes commonly paid at closing (Details)

Property Taxes
Transfer Taxes and Recording Fees

Insurance fees due at closing (Details)

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 highest sales price, but I'll also campaign for reduced closing costs. And once we've reached an agreement, I'll fully clarify the closing costs so you know exactly what you're paying for.

Buyers: When purchasing real estate in Washington County, you'll 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 tolerable range so you're not surprised when you come to the closing appointment. I'll be willing to look over the LE with you, answering your questions and highlighting any estimates that seem off.