Finding the right home at the right price is just one part of a real estate transaction. RE/MAX Results is seasoned at assisting both buyers and sellers when it comes to closings. E-mail or call us today at 763-559-6642 if your needs include a professional REALTOR® ready for the business side of buying and selling.
Anticipated closing costs
There are certain standard expenses associated with closing the sale of a house. These costs are often split 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 Minnesota to help show you through the process.
Private Mortgage Insurance (PMI is based on downpayment)
Title Insurance
Sellers: As we hammer out your deal, not only will I work to get the optimal sales price, but I'll also campaign for reduced closing costs. And once we've arrived at an agreement, I'll fully clarify the closing costs so you know exactly what you're paying for.
Buyers: If you are purchasing a house in Minnesota, you will get 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 prior experience and is required to be within an acceptable range so you're not shocked when you reach the closing table. I'll be happy to go over the GFE with you, answering your questions and highlighting any estimates of concern.
