Finding the right home at the right price is just one part of a home sale or purchase. Reliant Realty LLC is seasoned at assisting both buyers and sellers when it comes to closings. lgoade@realtracs.com or call Lee or Tina today at (615) 859-7150 if your needs include a professional REALTOR® ready for the business side of real estate.

What closing costs should you expect?

There are certain expected costs linked to closing the sale of a house. These costs are usually divided between the buyer and seller, as dictated in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in Tennessee to help lead you through your deal.

Loan-related closing costs    (More information)

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

Taxes you may be responsible for at closing    (More information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (More information)

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

Sellers: As you get through the details of your sale, we'll not only work to get the very best sales price, but we'll also explain the closing costs. Once we've reached an agreement, we'll describe in detail your closing costs so you are informed and knowledgeable of exactly what you're paying for.

Buyers: When purchasing a home, you will be given a "Good Faith Estimate" (GFE) of closing costs after 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 stunned when you come to the closing table. We'll be happy to look through the GFE with you, answering your questions and highlighting any estimates in question.

"The team you can count on"...

Lee  (615) 479-3798  *  Tina  (615) 945-3092

                                         lgoade@realtracs.com

 


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