Expected closing costs

There are certain standard fees linked to closing the sale of a house. These expenses are commonly split between the buyer and seller, as instructed in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in Mississippi to help guide you through the process.

Loan-related closing costs    (More information)

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

At closing, the following taxes are usually collected    (More information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (More information)

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

Sellers: As we get through the details of your deal, I'll not only work to get the highest sales price, but I'll also advocate for limited closing costs. And once we've arrived at an agreement, I'll fully explain the closing costs so you know exactly what you're paying for.

Buyers: If you are purchasing a property in Bolivar County, you will get a "Loan Estimate" (LE) of closing costs within three days of submitting your loan application. The estimate is based on the loan officer's prior experience and is required to be within a tolerable range so you're not stunned when you get to the closing table. I'll be glad to go over the LE with you, answering your questions and highlighting any estimates of concern.

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