Closing costs you should expectThere are certain ordinary expenses accompanying closing the sale of a house. These fees are often split between the buyer and seller, as noted in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in Ohio to help show you through the deal.
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Costs pertaining to your loan to be paid at closing (Click here for more information)
At closing, these taxes are usually collected (Click here for more information)
Insurance fees due at closing (Click here for more information)
Sellers: As we hammer out your deal, I'll not only work to get the highest sales price, but I'll also campaign for limited closing costs. And once we've reached an agreement, I'll give a detailed list of the closing costs so you know exactly what you're paying for.
Buyers: If you're purchasing real estate in Franklin 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 previous experience and is required to be within a reasonable range so you're not shocked when you show up at the closing table. I'll be happy to look at the GFE with you, answering your questions and highlighting any estimates in question.