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Anticipated closing costsThere 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)
At closing, the following taxes are usually collected (More information)
At closing, these fees are often due (More information)
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.