Don't forget to factor in closing costs when considering a home sale or purchase. Coldwell Banker Advantage is experienced at helping both buyers and sellers when it comes to closings. E-mail or call us today at 910.483.5353 if your needs include a real estate pro ready for the business side of real estate.

What closing costs should you expect?

There are certain ordinary fees accompanying closing the sale of a house. These expenses are often split between the buyer and seller, as directed in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in North Carolina to help show you through the process.

Closing costs that are loan-related    (Learn more)

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

At closing, these 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 negotiate your deal, I'll not only work to get the very best sales price, but I'll also advocate for reduced closing costs. And once we've arrived at an agreement, I'll give a detailed list of the closing costs so you are informed of exactly where your money is going.

Buyers: If you are buying a home in Cumberland County, you will 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 a suitable range so you're not stunned when you get to the closing appointment. I'll be glad to look over the GFE with you, answering your questions and highlighting any estimates that seem questionable.

Coldwell Banker Advantage 3800 Raeford Rd Fayetteville, NC 28304
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