Finding the right home at the right price is just one aspect of a home sale or purchase. Alexander Premier Properties is experienced at aiding both buyers and sellers when it comes to closings. E-mail or call us today at 310-836-8690 if your needs include a professional REALTOR® ready for the business side of buying and selling.

Closing costs you should expect

There are certain expected fees associated with closing the sale of a house. These fees are usually divided between the buyer and seller, as directed in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in California to help show you through your transaction.

Loan-related closing costs    (Click here for more information)

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

At closing, these taxes are usually paid    (Click here for more information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Click here for 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 deal, not only will I work to get the optimal sales price, but I'll also advocate for reduced closing costs. And once we've come to an agreement, I'll walk you through the closing costs so you know exactly where your money is going.

Buyers: When purchasing a home in Los Angeles County, you will 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 previous experience and is required to be within an acceptable range so you're not shocked when you arrive at closing time. I'll be willing to look over the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.



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