(518) 426-7703 Albany and I'll aid you to comprehend all the fees and identify any inaccuracies. (518) 426-7703 There are certain normal costs linked to closing the sale of a house. These costs are often divided between the buyer and seller, as instructed 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 show you through your deal.

Closing costs that are loan-related    (More information)

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

At closing, these taxes are usually collected    (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 get through the details of your transaction, not only will I work to get the optimal sales price, but I'll also push for lower closing costs. And once we've come to an agreement, I'll explain in detail the closing costs so you are aware of exactly where your money is going.

Buyers: When buying a property in Albany County, you'll 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 prior experience and is required to be within a suitable range so you're not stunned when you come to the closing appointment. I'll be glad to review the GFE with you, answering your questions and highlighting any estimates that seem off.