Finding the right home at the right price is just one aspect of a real estate transaction. Southport Realty is experienced at assisting both buyers and sellers when it comes to closings. E-mail or call us today at 910-457-7676 if your needs include a real estate pro ready for the business side of real estate.

Expected closing costs

There are certain ordinary costs linked to closing the sale of a house. These expenses are often divided between the buyer and seller, as dictated in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in North Carolina to help show you through the process.

Loan-related closing costs    (Click here for details)

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

Taxes commonly paid at closing    (Click here for details)

  • Property Taxes
  • Transfer Taxes and Recording Fees

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

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

Sellers: As we negotiate your sale, not only will I work to get the optimal sales price, but I'll also advocate for reduced closing costs. And once we've arrived at an agreement, I'll fully explain the closing costs so you are aware of exactly where your money is going.

Buyers: If you're purchasing a house in Brunswick County, you'll receive 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 previous experience and is required to be within a suitable range so you're not startled when you get to the closing table. I'll be willing to look at the GFE with you, answering your questions and highlighting any estimates that seem off.

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Southport Realty 114 S. Howe Street Southport, NC 28461
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