Don't forget to factor in closing costs when considering a home sale or purchase. Realty Exchange is experienced at aiding both buyers and sellers when it comes to closings. E-mail or call us today at (931)381-9801 if your needs include a real estate pro ready for the business side of real estate.

Anticipated closing costs

There are certain typical expenses accompanying closing the sale of a house. These expenses are usually split between the buyer and seller, as directed in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in Tennessee to help show you through your process.

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

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

Taxes you may be responsible for at closing    (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 transaction, not only will I work to get the highest sales price, but I'll also campaign for lower closing costs. And once we've come to an agreement, I'll walk you through the closing costs so you know exactly what you're paying for.

Buyers: If you're purchasing a house in Maury County, you will get 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 suitable range so you're not surprised when you come to the closing appointment. I'll be happy to look through the GFE with you, answering your questions and highlighting any estimates of concern.

                                           



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