Finding the right home at the right price is just one part of a real estate transaction. Manning Realty At The Beach is experienced at aiding both buyers and sellers when it comes to closings. E-mail
or call me today at (843) 249-4994 if your needs include a professional REALTOR®
experienced in the business side of buying and selling.
Expected closing costs
There are certain standard fees linked to closing the sale of a house. These expenses are commonly divided between the buyer and seller, as dictated in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in South Carolina to help direct you through your process.
Loan-related closing costs
- Points (optional)
- Appraisal Fee
- Credit Report
- Interest Payment
- Escrow Account
At closing, the following taxes are usually collected (Learn more)
- Property Taxes
- Transfer Taxes and Recording Fees
At closing, these fees are often due (Learn more)
- Homeowners Insurance
- Flood or Quake Insurance (optional)
- Private Mortgage Insurance (PMI) (optional)
- Title Insurance
Sellers: As we negotiate your deal, not only will I work to get the very best sales price, but I'll also campaign for lower closing costs. And once we've reached an agreement, I'll fully clarify the closing costs so you are informed of exactly where your money is going.
Buyers: If you are purchasing a home in North Myrtle Beach, 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 an acceptable range so you're not shocked when you come to the closing appointment. I'll be glad to look over the GFE with you, answering your questions and highlighting any estimates in question.