Closing costs you should expect

 Hedrick Redfearn Street Real Estate can walk you through closing - 336-448-0045
There are certain normal expenses accompanying closing the sale of a house. These fees are usually divided between the buyer and seller, as dictated in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in North Carolina to help guide you through the process.

Loan-related closing costs    (Click here for more information)

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

At closing, the following taxes are usually paid    (Click here for more information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (Click here for more information)

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

Sellers: As we hammer out your deal, we'll not only work to get the optimal sales price, but we'll also push for lower closing costs. And once we've come to an agreement, we'll give a detailed list of the closing costs so you are informed of exactly where your money is going.

Buyers: If you are purchasing a house in Winston Salem, you'll be given 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 previous experience and are required to be within an acceptable range so you're not surprised when you arrive at the closing table. We'll be glad to look through the estimate with you, answering your questions and highlighting any estimates of concern.

Don't forget to factor in closing costs when considering a home sale or purchase. Hedrick Redfearn Street Real Estate is experienced at assisting both buyers and sellers when it comes to closings. E-mail or call us today at 336-355-8910 if your needs include a professional REALTOR® ready for 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 Hedrick Redfearn Street Real Estate may call/text you about your inquiry, which may involve use of automated means and prerecorded/artificial voices.. Message/data rates may apply.