Closing Costs

There are certain standard costs associated with closing the sale of a house. These fees are split between the buyer and the seller, as spelled out in the sales contract.

As I negotiate the sales contract for you, I will not only work to get the sales price you want, I will also work to limit the number of closing costs for which you will be responsible.

I will walk you through the closing costs, answering any questions you may have explaining which costs are decreed by law to be yours and which are negotiable.

Good Faith Estimate

Buyers will receive a "Good Faith Estimate" of closing costs at the time the loan application is submitted to the lender. The estimate is based on the loan officer's past experience and may not include all the closing costs. I will be glad to review the "Good Faith Estimate," answering questions and highlighting missing costs and estimates I believe to be low.

Standard Closing Costs

Loan-Related Costs

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

Taxes

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance

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

 

Home Status Report

Want to know if a home is still on the market, or if the price has changed? We can help. Simply fill out the information below and with no obligation to you we'll get back to you with your requested information. We guarantee your privacy.
 
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Massachusetts License Number MB1205

Licensed by the State of New Hampshire Banking Department- License Number 5430-MBR

Premiere Mortgage Services Inc. NMLS #1498 is a licensed broker and not a lender.

We "Arrange Loans" but we do not make loans.

Dana Bain NMLS #18693

Robin Dunbar Bain NMLS #18699

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 A+ Rating (Highest Rating) ~ A BBB Accredited business since 08/22/1997            National Association of Independent Housing Professionals

As seen in Money Magazine for The Nation's Best Mortgage Rates. Dana Bain ~ Premiere Mortgage Services Inc. ~ As Seen In The Wall Street Journal

 

Premiere Mortgage Services Inc. Dana Bain & Robin Dunbar Bain 

 

 


PREMIERE MORTGAGE SERVICES INC. 11 Malvern Hill Rd Sterling, MA 01564-2829
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