Finding the right home at the right price is just one aspect of a real estate transaction. Exit Real Estate Consultants is experienced at assisting both buyers and sellers when it comes to closings. E-mail or call us today at 8033580888 if your needs include a professional REALTOR® ready for the business side of real estate.

Expected closing costs

There are certain basic costs linked to closing the sale of a house. These costs are usually divided between the buyer and seller, as instructed in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in South Carolina to help lead you through your process.

Costs pertaining to your loan to be paid at closing    (Click here for details)

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

At closing, the following taxes are usually paid    (Click here for details)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Click here for details)

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

Sellers: As we negotiate your sale, not only will I work to get the optimal sales price, but I'll also campaign for lower closing costs. And once we've come to an agreement, I'll give a detailed list of the closing costs so you are informed of exactly what you're paying for.

Buyers: When buying a home in Lexington County, 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 prior experience and is required to be within an appropriate range so you're not shocked when you come to the closing appointment. I'll be willing to look over the GFE with you, answering your questions and highlighting any estimates that seem off.

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