Closing Costs - What are They and How Much? (315) 336-7000

What closing costs should you expect?

Amodio Realty, Inc. can walk you through closing - (315) 336-7000

There are certain ordinary fees accompanying closing the sale of a house. These costs are usually divided between the buyer and seller, as directed in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in New York to help direct you through the process.

Closing costs that are loan-related (Details)

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

Taxes you may be responsible for at closing (Details)

Property Taxes
Transfer Taxes and Recording Fees

At closing, these fees are often due (Details)

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

Sellers: As we hammer out your deal, we'll not only work to get the highest sales price, but we'll also campaign for reduced closing costs. And once we've come to an agreement, we'll walk you through the closing costs so you know exactly where your money is going.

Buyers: If you are purchasing a house in Central New York, you will get a "Loan Estimate" (LE) of closing costs within three days of submitting your loan application and a "Closing Disclosure" no fewer than three days prior to closing. These estimates are based on the loan officer's prior experience and are required to be within a suitable range so you're not shocked when you arrive at closing time. We'll be happy to look through the estimate with you, answering your questions and highlighting any estimates that seem unusual.

Finding the right home at the right price is just one part of a real estate transaction. Amodio Realty, Inc. is experienced at assisting both buyers and sellers when it comes to closings. E-mail or call me today at (315) 336-7000 if your needs include a professional REALTOR^® ready for the business side of real estate.