Don't forget to factor in closing costs when considering a home sale or purchase. Ellefson Group Property Management is seasoned at assisting both buyers and sellers when it comes to closings. E-mail or call us today at 0 if your needs include a real estate pro ready for the business side of real estate.

Expected closing costs

There are certain basic costs associated with closing the sale of a house. These costs are usually divided between the buyer and seller, as noted in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in 0 to help lead you through your transaction.

Loan-related closing costs    (Learn more)

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

At closing, the following taxes are usually collected    (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 get through the details of your deal, not only will I work to get the highest sales price, but I'll also campaign for reduced closing costs. And once we've reached an agreement, I'll fully clarify the closing costs so you are aware of exactly where your money is going.

Buyers: When buying a home in Dunn 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 past experiences and is required to be within a reasonable range so you're not astonished when you arrive at the closing appointment. I'll be happy to look over the GFE with you, answering your questions and highlighting any estimates that seem questionable.

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All rate, payment, and area information are estimates and approximations only.