Preferred Properties Real Estate Inc.

Bill Mundorff, REALTOR

Closing Costs

There are certain standard costs associated with closing the sale of a house. These fees are split between the buyer and the seller, as spelled out in the sales contract. You will receive a copy of your estimated closing cost prior to signing a sales agreement.

I will walk you through the closing costs, answering any questions you may have.

Good Faith Estimate

Buyers will receive a "Good Faith Estimate" of closing costs at the time the loan application is submitted to the lender. The estimate is based on the loan officer's past experience and may not include all the closing costs. I will be glad to review the "Good Faith Estimate," answering questions and highlighting missing costs and estimates I believe to be low.