Don't forget to factor in closing costs when considering a home sale or purchase. Hosking Associates Real Estate Company is experienced at aiding both buyers and sellers when it comes to closings. E-mail or call me today at (925)381-6804 if your needs include a real estate pro experienced in the business side of buying and selling.

Expected closing costs

There are certain typical fees linked to closing the sale of a house. These costs are commonly split between the buyer and seller, as noted in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in California to help direct you through your transaction.

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

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

Taxes commonly paid at closing    (Click here for more information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

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

Buyers: When purchasing a property in Contra Costa 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 an appropriate range so you're not astonished when you get to the closing appointment. I'll be happy to look through the GFE with you, answering your questions and highlighting any estimates that seem questionable.