Don't forget to factor in closing costs when considering a home sale or purchase. Yates Nobles is experienced at helping both buyers and sellers when it comes to closings. E-mail or call us today at 434-227-4442 if your needs include a real estate pro ready for the business side of real estate.

Expected closing costs

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

Costs pertaining to your mortgage to be paid at closing    (More information)

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

Taxes you may be responsible for at closing    (More information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (More information)

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

Sellers: As we hammer out your sale, I'll not only work to get the highest sales price, but I'll also advocate for limited closing costs. And once we've arrived at an agreement, I'll explain in detail the closing costs so you are aware of exactly what you're paying for.

Buyers: If you're buying a house in Charlottesville City County, you will be given 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 prior experience and is required to be within a reasonable range so you're not shocked when you reach closing time. I'll be glad to look through the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.

English French Spanish