What are my closing expenses?
It is critically important that you fully understand your costs and timing obligations before pricing your home, executing and negotiating a contract. Your Realtor® will help you understand your closing expenses at the time of the listing based on your approximate list price. When an offer is received, contract terms can be different based on timing and terms and another evaluation is required to correctly understand the offer in hand.
At all service levels our Realtors® present you with an estimate your net proceeds before lien (loan) payoffs based on the offer received. We analyze your offer and estimate expenses for the title company, title policy, service contracts, survey, home owners association, property taxes, and seller paid buyer closing expenses, temporary leases and anything else to provide you with a clear picture of your proceeds. Keep in mind we are providing an estimate and it is not guaranteed. Our estimate does not include any obligations created after a contract is executed. Usually repair costs are not known until the end of the option period.
After understanding the timing and financial obligations we will help you devise a counter offer. If you counter we will present that counter offer on your behalf with your full understanding and approval.
Notice: This website contains general information about possible legal and financial matters. The information is not advice, and should not be treated as such. You must not rely on the information on this website as an alternative to legal or financial advice from your attorney, accountant or other professional legal services provider. If you have any specific questions about any legal and financial matter you should consult your attorney, accountant or other professional legal services