
	Don't forget to factor in closing costs when considering a home sale or purchase. MKB Realtors is seasoned at assisting both buyers and sellers when it comes to closings. E-mail or call us today at (540) 989-4555 if your needs include a real estate pro ready for the business side of buying and selling.

Expected closing costs

There are certain standard expenses related to closing the sale of a house. These expenses are often 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 Virginia to help guide you through your process.

Costs pertaining to your mortgage to be paid at closing (Click here for details)

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

Taxes commonly paid at closing (Click here for details)

Property Taxes
Transfer Taxes and Recording Fees

Insurance fees due at closing (Click here for details)

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 highest sales price, but I'll also campaign for lower closing costs. And once we've arrived at an agreement, I'll walk you through the closing costs so you know exactly what you're paying for.

Buyers: When buying a home in Roanoke City 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 reasonable range so you're not shocked when you get to the closing table. I'll be willing to go through the GFE with you, answering your questions and highlighting any estimates that seem off.