Don't forget to factor in closing costs when considering a home sale or purchase. Atlantic Residential Realty is seasoned at aiding both buyers and sellers when it comes to closings. E-mail or call us today at 704-510-0440 if your needs include a real estate pro experienced in the business side of buying and selling.

What closing costs should you expect?

There are certain expected fees associated with 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 North Carolina to help lead you through your deal.

Costs pertaining to your mortgage to be paid at closing    (Click here for more information)

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

Taxes you may be responsible for at closing    (Click here for more information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

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

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

Sellers: As we get through the details of your transaction, I'll not only work to get the very best sales price, but I'll also advocate for limited closing costs. And once we've arrived at an agreement, I'll fully clarify the closing costs so you are aware of exactly what you're paying for.

Buyers: If you are buying a home in Mecklenburg 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 prior experience and is required to be within an acceptable range so you're not surprised when you reach the closing table. I'll be willing to go through the GFE with you, answering your questions and highlighting any estimates in question.