Finding the right home at the right price is just one aspect of a home sale or purchase. Golden Gate Real Estate is seasoned at assisting both buyers and sellers when it comes to closings. E-mail or call us today at (614) 888-3600 if your needs include a professional REALTOR® experienced in the business side of real estate.

Expected closing costs

There are certain standard expenses related to closing the sale of a house. These costs are commonly divided between the buyer and seller, as spelled out in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in Ohio to help direct you through your process.

Loan-related closing costs    (More information)

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

Taxes commonly paid 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 negotiate your sale, not only will we work to get the very best sales price, but we'll also advocate for lower closing costs. And once we've come to an agreement, we'll fully explain the closing costs so you are aware of exactly where your money is going.

Buyers: If you're buying a house in Central Ohio, you'll 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 previous experience and is required to be within a suitable range so you're not surprised when you arrive at the closing table. We'll be willing to look over the GFE with you, answering your questions and highlighting any estimates of concern.

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