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Don't forget to factor in closing costs when considering a home sale or purchase. Keller Williams Realty Las Vegas is seasoned at assisting both buyers and sellers when it comes to closings. E-mail or call us today at 702-483-0208 if your needs include a professional REALTOR® experienced in the business side of real estate.
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Closing costs you should expect
There are certain standard expenses related to closing the sale of a house. These costs are usually split 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 Nevada to help guide you through your transaction.
- Points (optional)
- Appraisal Fee
- Credit Report
- Interest Payment
- Escrow Account
At closing, the following taxes are usually collected (Click here for details)
- Property Taxes
- Transfer Taxes and Recording Fees
- Homeowners Insurance
- Flood or Quake Insurance (optional)
- Private Mortgage Insurance (PMI) (optional)
- Title Insurance
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Sellers: As we hammer out your transaction, I'll not only work to get the optimal sales price, but I'll also push for reduced closing costs. And once we've come to an agreement, I'll fully clarify the closing costs so you know exactly where your money is going.
Buyers: When buying real estate in Clark 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 past experiences and is required to be within an appropriate range so you're not shocked when you arrive at the closing table. I'll be happy to review the GFE with you, answering your questions and highlighting any estimates that seem off.
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