
	Finding the right home at the right price is just one part of a home sale or purchase. MKB, REALTORS is experienced at aiding both buyers and sellers when it comes to closings. E-mail or call us today at 540.989.4555 if your needs include a real estate pro experienced in the business side of real estate.

Anticipated closing costs

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

Closing costs that are tied to financing (Details)

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

At closing, the following taxes are usually paid (Details)

Property Taxes
Transfer Taxes and Recording Fees

At closing, these fees are often due (Details)

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

Sellers: As we hammer out your deal, not only will I work to get the very best sales price, but I'll also advocate for lower closing costs. And once we've reached an agreement, I'll give a detailed list of the closing costs so you know exactly where your money is going.

Buyers: If you are purchasing a property in the Roanoke area, 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 previous experience and is required to be within an appropriate range so you're not astonished when you reach the closing table. I'll be glad to go over the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.