Don't forget to factor in closing costs when considering a home sale or purchase. Paul C. Renwick is seasoned at helping both buyers and sellers when it comes to closings. E-mail or call us today at 513-435-4101 if your needs include a professional REALTOR® ready for the business side of buying and selling.

What closing costs should you expect?

There are certain basic fees accompanying closing the sale of a house. These expenses are often split between the buyer and seller, as directed in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in Ohio to help show you through your deal.

Loan-related closing costs    (Details)

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

At closing, these taxes are usually paid    (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 negotiate your deal, not only will I work to get the highest sales price, but I'll also advocate for lower closing costs. And once we've reached an agreement, I'll walk you through the closing costs so you know exactly where your money is going.

Buyers: If you're buying a property in Butler County, you'll receive 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 previous experience and is required to be within a tolerable range so you're not astonished when you arrive at closing time. I'll be happy to go over the GFE with you, answering your questions and highlighting any estimates that seem questionable.

   Keynote Realtors  4000 Roosevelt Blvd.  Middletown, Oh 45044  
  513-424-9400  1-800-878-5383  Fax 513-424-9683
                  

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