Finding the right home at the right price is just one part of a home sale or purchase. Re/Max Real Estate Ten is seasoned at aiding both buyers and sellers when it comes to closings. E-mail or call us today at 4235818881 if your needs include a professional REALTOR® ready for the business side of buying and selling.

What closing costs should you expect?

There are certain expected expenses accompanying closing the sale of a house. These costs are commonly divided between the buyer and seller, as instructed in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in Tennessee to help show you through your process.

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

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

At closing, these 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 get through the details of your transaction, not only will I work to get the highest sales price, but I'll also advocate for lower closing costs. And once we've reached an agreement, I'll walk you through the closing costs so you know exactly where your money is going.

Buyers: If you are buying real estate in Hamblen 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 previous experience and is required to be within an appropriate range so you're not shocked when you get to closing time. I'll be glad to look at the GFE with you, answering your questions and highlighting any estimates in question.

Re/Max Real Estate Ten 4780 West Andrew Johnson Highway Morristown, TN 37814
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