
	Don't forget to factor in closing costs when considering a home sale or purchase. RE/MAX All Pro is experienced at helping both buyers and sellers when it comes to closings. E-mail or call us today at 301-933-0058 if your needs include a professional REALTOR^® ready for the business side of real estate.

Expected closing costs

There are certain basic costs associated with closing the sale of a house. These costs are usually split between the buyer and seller, as directed in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in Maryland to help guide you through the process.

Closing costs that are tied to financing (Learn more)

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

Taxes you may be responsible for at closing (Learn more)

Property Taxes
Transfer Taxes and Recording Fees

At closing, these fees are often due (Learn more)

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 campaign for lower closing costs. And once we've come to an agreement, I'll fully clarify the closing costs so you know exactly what you're paying for.

Buyers: When buying a house in Montgomery County, you will 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 reach the closing appointment. I'll be willing to review the GFE with you, answering your questions and highlighting any estimates of concern.