Anticipated closing costs

There are certain normal expenses associated with closing the sale of a house. These costs are commonly divided between the buyer and seller, as instructed 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 show you through your process.

Loan-related closing costs (More information)

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

At closing, these taxes are usually collected (More information)

Property Taxes
Transfer Taxes and Recording Fees

Insurance fees due at closing (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, I'll not only work to get the highest sales price, but I'll also advocate for lower closing costs. And once we've come to an agreement, I'll give a detailed list of the closing costs so you are informed of exactly where your money is going.

Buyers: If you are purchasing a home 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 prior experience and is required to be within an acceptable range so you're not surprised when you reach the closing table. I'll be willing to look over the LE with you, answering your questions and highlighting any estimates that are uncertain.