Don't forget to factor in closing costs when considering a home sale or purchase. Re/Max Preferred Group is experienced at aiding both buyers and sellers when it comes to closings. E-mail or call us today at 513.588.5298 if your needs include a professional REALTOR® ready for the business side of buying and selling.

Anticipated closing costs

There are certain typical costs linked to closing the sale of a house. These expenses are commonly split between the buyer and seller, as noted in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in Ohio to help show you through your deal.

Costs pertaining to your mortgage to be paid at closing    (Click here for more information)

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

Taxes commonly paid at closing    (Click here for more information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Click here for more information)

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

Sellers: As we negotiate your sale, not only will I work to get the very best sales price, but I'll also push for reduced closing costs. And once we've come to an agreement, I'll fully clarify the closing costs so you know exactly what you're paying for.

Buyers: If you are buying a home in Hamilton County, you'll 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 a reasonable range so you're not surprised when you get to closing time. I'll be happy to review the GFE with you, answering your questions and highlighting any estimates that seem off.



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