What closing costs should you expect?

 Georgetown Realty can walk you through closing - 503-256-1112
There are certain normal fees related to closing the sale of a home. These costs 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 Oregon to help lead you through the transaction.

Closing costs that are tied to financing    (Learn more)

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

At closing, these taxes are usually paid    (Learn more)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Learn more)

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

Sellers: As we negotiate your deal, not only will I work to get the very best sales price, but I'll also advocate for reduced closing costs. And once we've come to an agreement, I'll give a detailed list of the closing costs so you are informed of exactly what you're paying for.

Buyers: If you are purchasing real estate in Portland, you will get a "Loan Estimate" (LE) of closing costs within three days of submitting your loan application and a "Closing Disclosure" no fewer than three days prior to closing. These estimates are based on the loan officer's past experiences and are required to be within a suitable range so you're not startled when you reach the closing table. I'll be glad to look through the estimate with you, answering your questions and highlighting any estimates that seem questionable.

Finding the right home at the right price is just one part of a home sale or purchase. Georgetown Realty is experienced at aiding both buyers and sellers when it comes to closings. E-mail or call me today at 503-256-1112 if your needs include a professional REALTOR® experienced in the business side of real estate.

Looking to Buy?

Are you looking to buy a house? Let us help you. Just fill out as much of the information below that you want and we'll get right back to you, with no obligation to you. We guarantee your privacy.

Your Information
Some Details
By checking the box, you agree that Georgetown Realty may call/text you about your inquiry, which may involve use of automated means and prerecorded/artificial voices.. Message/data rates may apply.