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Real Estate Tips

Closing or Settlement >Closing Costs

If you are in the process of buying a home, you have probably figured out how much you will need for the down payment, but don't forget about the closing costs associated with the purchase of any property. These additional costs can add up to a significant amount.

Closing costs will vary, depending upon the costs of financing your home loan and the time of the month that you close. Your real estate agent will be able to give you an estimate of all these costs, including the points on your loan, private mortgage insurance (if required), the title search, title insurance, attorneys' fees, and any transfer taxes or recording fees changed by local government agencies. There may also be property taxes, homeowners' association fees and insurance that must be prepaid.

See All Tips In The "Closing or Settlement" Category >
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Real Estate Trivia

Q 
What tropical haven is back in vogue, attracting celebrities like Cher, Madonna, and Sylvester Stallone, who have homes here?

A 
Made up of 17 islands in Biscayne Bay, Miami Beach is the "American Riviera" and famous for its tropical beauty.
See More Real Estate Trivia >

The Rob Ellerman Team, REALTOR®, real estate agent and broker for Lee's Summit, Blue Springs and Independence, Missouri home listings, property and land for sale - NUMBER1EXPERT

The Rob Ellerman Team
Reece and Nichols Realtors

1153 Northeast Rice Road
Lees Summit, MO. 64086
Office: 816-251-1435
Fax: 816-524-4665
Email: robellerman@NUMBER1EXPERT.com

Let me give you a brief overview of what I believe makes a great agent. Most agents continue to do things that were being done years ago to sell real estate. If you are looking to buy or sell and you have internet access and would like to use it during your home buying or home selling process, please shoot us an email and let’s chat for a few minutes. My goal is not to brag about my status in the company and how much I sell, it’s to make your next move as fun and painless as possible. Top agent status always seems to follow. I look forward to hearing from you.

Equal Housing REALTOR RELO MLS


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