Finding the right home at the right price is just one aspect of a real estate transaction. RE/MAX Action is experienced at aiding both buyers and sellers when it comes to closings. E-mail or call us today at (804)521-1587 if your needs include a professional REALTOR® experienced in the business side of real estate.

Anticipated closing costs

There are certain expected costs related to closing the sale of a house. These expenses are usually split between the buyer and seller, as spelled out 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 lead 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 hammer out your sale, not only will I work to get the highest sales price, but I'll also advocate for reduced closing costs. And once we've arrived at an agreement, I'll fully clarify the closing costs so you know exactly what you're paying for.

Buyers: When buying a house in Henrico 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 past experiences and is required to be within an acceptable range so you're not surprised when you reach closing time. I'll be happy to look over the GFE with you, answering your questions and highlighting any estimates that seem off.

RE/MAX Action 11551-D Nuckols Road Glen Allen, VA 23059
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