Anticipated closing costsThere are certain basic costs linked to closing the sale of a house. These expenses are usually split between the buyer and seller, as noted in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in New York to help direct you through the deal.
Closing costs that are tied to financing (Click here for details)
At closing, the following taxes are usually paid (Click here for details)
Insurance fees due at closing (Click here for details)
Sellers: As we negotiate your sale, not only will I work to get the highest sales price, but I'll also push for reduced closing costs. And once we've reached an agreement, I'll explain in detail the closing costs so you are aware of exactly where your money is going.
Buyers: If you are buying a property in Saratoga County, you will get 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 past experiences and is required to be within a suitable range so you're not astonished when you arrive at the closing table. I'll be happy to look through the GFE with you, answering your questions and highlighting any estimates that are uncertain.