Finding the right home at the right price is just one aspect of a real estate transaction. John Aaroe Group is experienced at helping both buyers and sellers when it comes to closings. E-mail or call us today at 323-854-2440 if your needs include a real estate pro experienced in the business side of buying and selling.

Expected closing costs

There are certain normal costs accompanying closing the sale of a house. These expenses are often split between the buyer and seller, as spelled out in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in California to help lead you through your transaction.

Costs pertaining to your loan to be paid at closing    (Learn more)

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

Taxes commonly paid at closing    (Learn more)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Learn more)

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

Sellers: As we hammer out your transaction, I'll not only work to get the optimal sales price, but I'll also campaign for limited closing costs. And once we've come to an agreement, I'll describe in detail the closing costs so you are aware of exactly where your money is going.

Buyers: If you are purchasing a property in Los Angeles County, you will be given 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 an acceptable range so you're not startled when you arrive at closing time. I'll be glad to go through the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.

John Aaroe Group 14242 Ventura Blvd. Sherman Oaks, CA 91423
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