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
Taxes you may be responsible for at closing (More information)
At closing, these fees are often due
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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.
