Finding the right home at the right price is just one part of a home sale or purchase. Earl Webb Real Estate, Inc. is seasoned at aiding both buyers and sellers when it comes to closings. E-mail or call us today at (423) 764-4114 if your needs include a professional REALTOR® experienced in the business side of real estate.

Anticipated closing costs

There are certain standard fees accompanying closing the sale of a house. These expenses are often divided 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 Tennessee to help lead you through the transaction.

Costs pertaining to your loan to be paid at closing    (More information)

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

At closing, the following taxes are usually collected    (More information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (More information)

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

Sellers: As we hammer out your deal, I'll not only work to get the highest sales price, but I'll also campaign for limited closing costs. And once we've arrived at an agreement, I'll explain in detail the closing costs so you are aware of exactly where your money is going.

Buyers: If you are purchasing a house in Sullivan 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 astonished when you reach the closing table. I'll be glad to review the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.