Understanding Closing Costs – EXIT Realty Wilmington NC

Closing Costs
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There are certain standard costs associated with closing the sale of a house. These fees are split between the buyer and the seller, as spelled out in the sales contract.

As we negotiate the sales contract for you, we will not only work to get the sales price you want, we will also work to limit the number of closing costs for which you will be responsible.

We will walk you through the closing costs, answering any questions you may have explaining which costs are decreed by law to be yours and which are negotiable.

Good Faith Estimate

Buyers will receive a "Good Faith Estimate" of closing costs at the time the loan application is submitted to the lender. The estimate is based on the loan officer's past experience and may not include all the closing costs. We will be glad to review the "Good Faith Estimate," answering questions and highlighting missing costs and estimates we believe to be low.

Standard Closing Costs

Loan-Related Costs

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

Taxes

Property Taxes
Transfer Taxes and Recording Fees

Insurance

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

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Wilmington NC Homes for Sale is our specialty at EXIT Realty Wilmington NC. EXIT Homeplace launched this specialized website for all Wilmington NC Real Estate. Our Realtors serve Wilmington NC, Leland NC, Wrightsville Beach NC, Carolina Beach NC, Kure Beach NC, Castle Hayne NC, Ogden NC, and every community in New Hanover County. Don't forget all the growth that is occurring across the Cape Fear in Brunswick County primarily in Leland NC, Belville NC, Shalotte NC, all the way to the beaches of Southport NC. EXIT Realty Wilmington NC and EXIT Homeplace Realty with 3 offices in Burgaw NC, Hampstead NC, Jacksonville NC. With over 100 agents we serve all communities in Coastal Eastern North Carolina. Our websites cover all the listings all the time from Caper Fear to Camp Lejeune. EXIT Realty Agents choose to be the best because you deserve the best. List your house with our agents they will earn your trust and your respect. FREE HOME VALUATION!!!
EXIT Homeplace Realty Licensed in North Carolina - License # C10555.