What closing costs should you expect?

There are certain basic expenses linked to closing the sale of a house. These fees are usually divided between the buyer and seller, as instructed in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in Maryland to help show you through your transaction.

Costs pertaining to your loan to be paid at closing (Learn more)

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

Taxes you may be responsible for at closing (Learn more)

Property Taxes
Transfer Taxes and Recording Fees

At closing, these fees are often due (Learn more)

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 campaign for lower closing costs. And once we've arrived at an agreement, I'll walk you through the closing costs so you are informed of exactly what you're paying for.

Buyers: If you're purchasing real estate in Anne Arundel County, you will 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 previous experience and is required to be within an appropriate range so you're not stunned when you get to closing time. I'll be willing to look through the LE with you, answering your questions and highlighting any estimates of concern.

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