Don't forget to factor in closing costs when considering a home sale or purchase. Maria Wilson - Coldwell Banker Coastal Rivers Realty is seasoned at assisting both buyers and sellers when it comes to closings. E-mail or call us today at (252) 945-3367 if your needs include a professional REALTOR® ready for the business side of real estate.

Closing costs you should expect

There are certain ordinary costs related to closing the sale of a house. These expenses are commonly split between the buyer and seller, as noted in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in North Carolina to help lead you through your deal.

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

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

At closing, these taxes are usually paid    (Learn more)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (Learn more)

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

Sellers: As we negotiate your sale, I'll not only work to get the optimal sales price, but I'll also push for limited closing costs. And once we've reached 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 buying a property in Beaufort 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 acceptable range so you're not surprised when you show up at closing time. I'll be willing to look through the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.

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