Anticipated closing costs

There are certain expected expenses associated with closing the sale of a house. These expenses are commonly divided between the buyer and seller, as spelled out in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in California to help lead you through the transaction.

Costs pertaining to your mortgage to be paid at closing    (Click here for more information)

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

At closing, the following taxes are usually paid    (Click here for more information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Click here for more information)

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

Sellers: As we negotiate your transaction, I'll not only work to get the very best sales price, but I'll also campaign for limited closing costs. And once we've reached an agreement, I'll fully clarify the closing costs so you know exactly where your money is going.

Buyers: If you're buying real estate in Alameda County, you'll be given 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 come to closing time. I'll be happy to look through the LE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.

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Provident Realty Group

2111 W. March Lane Suite A100
Stockton, CA 95207