Finding the right home at the right price is just one aspect of a home sale or purchase. Talmage Trail Realty is experienced at assisting both buyers and sellers when it comes to closings. E-mail or call me today at (631) 281-8600 if your needs include a real estate pro ready for the business side of buying and selling.

Closing costs you should expect

There are certain standard fees related to closing the sale of a house. These expenses are usually split between the buyer and seller, as directed in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in New York to help guide you through the deal.

Closing costs that are tied to your mortgage    (Click here for more information)

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

Taxes you may be responsible for at closing    (Click here for more information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Click here for more information)

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

Sellers: As we hammer out your deal, not only will I work to get the highest sales price, but I'll also advocate for reduced closing costs. And once we've reached an agreement, I'll give a detailed list of the closing costs so you know exactly where your money is going.

Buyers: If you're buying real estate in Manorville, 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 past experiences and is required to be within a suitable range so you're not startled when you arrive at closing time. I'll be happy to go through the GFE with you, answering your questions and highlighting any estimates that seem unusual.