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Finding the right home at the right price is just one aspect of a real estate transaction. Achievers Realty, The Home Seller is seasoned at helping both buyers and sellers when it comes to closings. E-mail or call us today at 718-232-8400 if your needs include a professional REALTOR® experienced in the business side of buying and selling.

Expected closing costs

There are certain typical costs related to closing the sale of a house. These costs are often split 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 New York to help lead you through the process.

Closing costs that are tied to your mortgage    (Click here for details)

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

Taxes commonly paid at closing    (Click here for details)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (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 push for reduced closing costs. And once we've reached an agreement, I'll walk you through the closing costs so you are informed of exactly where your money is going.

Buyers: If you're buying a house in Kings County, 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 past experiences and is required to be within an acceptable range so you're not surprised when you show up at closing time. I'll be happy to go through the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.