What closing costs should you expect?

There are certain expected expenses associated with closing the sale of a house. These expenses are usually divided between the buyer and seller, as dictated in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in South Carolina to help lead you through your transaction.

Loan-related closing costs    (Click here for more information)

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

At closing, the following taxes are usually collected    (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 sale, I'll not only 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 fully clarify the closing costs so you are aware of exactly what you're paying for.

Buyers: If you are purchasing a property in County, you'll 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 shocked when you reach the closing appointment. I'll be glad to look through the LE with you, answering your questions and highlighting any estimates that seem off.