
	Don't forget to factor in closing costs when considering a home sale or purchase. West Michigan Realty - Holland is seasoned at assisting both buyers and sellers when it comes to closings. E-mail or call us today at 616-399-9582 if your needs include a professional REALTOR^® ready for the business side of real estate.

Anticipated closing costs

There are certain standard costs associated with closing the sale of a house. These fees are usually 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 Michigan to help show you through the transaction.

Loan-related closing costs (More information)

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

Taxes commonly paid at closing (More information)

Property Taxes
Transfer Taxes and Recording Fees

At closing, these fees are often due (More information)

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

Sellers: As we hammer out your deal, I'll not only work to get the highest sales price, but I'll also push for limited closing costs. And once we've reached an agreement, I'll explain in detail the closing costs so you are informed of exactly where your money is going.

Buyers: If you are purchasing a home in Ottawa 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 past experiences and is required to be within an acceptable range so you're not surprised when you come to closing time. I'll be willing to go through the GFE with you, answering your questions and highlighting any estimates that seem unusual.