Finding the right home at the right price is just one part of a real estate transaction. JOHNSON REAL ESTATE, INC. is seasoned at aiding both buyers and sellers when it comes to closings. E-mail or call us today at (860) 635-0387 if your needs include a professional REALTOR® experienced in the business side of buying and selling.

Anticipated closing costs

There are certain standard costs accompanying closing the sale of a house. These costs are usually split between the buyer and seller, as dictated in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in Connecticut to help lead you through your process.

Loan-related closing costs    (Details)

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

At closing, the following taxes are usually collected    (Details)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Details)

  • 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 campaign for reduced closing costs. And once we've come to an agreement, I'll walk you through the closing costs so you know exactly what you're paying for.

Buyers: When purchasing real estate in Middlesex County, you will 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 previous experience and is required to be within an appropriate range so you're not surprised when you reach the closing table. I'll be willing to go over the GFE with you, answering your questions and highlighting any estimates that seem unusual.

JOHNSON REAL ESTATE CROMWELL'S OLDEST ESTABLISHED FULL SERVICE REAL ESTATE COMPANY


JOHNSON REAL ESTATE, INC. 309 Main St Cromwell, CT 06416-2304
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