Don't forget to factor in closing costs when considering a home sale or purchase. Realty Executives TEAM III is seasoned at assisting both buyers and sellers when it comes to closings. E-mail or call us today at 4805103341 if your needs include a real estate pro experienced in the business side of real estate.

What closing costs should you expect?

There are certain ordinary expenses associated with closing the sale of a house. These expenses are usually divided between the buyer and seller, as instructed in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in Arizona to help lead you through the process.

Costs pertaining to your loan to be paid at closing    (More information)

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

At closing, these taxes are usually paid    (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 negotiate your sale, I'll not only work to get the optimal sales price, but I'll also push for lower closing costs. And once we've reached an agreement, I'll describe in detail the closing costs so you are aware of exactly where your money is going.

Buyers: When buying a property in Maricopa County, you'll be given 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 a reasonable range so you're not astonished when you arrive at the closing appointment. I'll be happy to look through the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.


Realty Executives TEAM III 1166 E Warner Rd. Suite 117 Gilbert, AZ 85296
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