Finding the right home at the right price is just one aspect of a home sale or purchase. Halvatzis Realty Inc is experienced at assisting both buyers and sellers when it comes to closings. E-mail or call me today at 917.701.5013 if your needs include a professional REALTOR® ready for the business side of buying and selling.

What closing costs should you expect?

There are certain typical expenses linked to closing the sale of a house. These expenses are commonly divided between the buyer and seller, as directed in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in New York to help lead you through the deal.

Closing costs that are loan-related    (Learn more)

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

At closing, the following taxes are usually paid    (Learn more)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Learn more)

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

Sellers: As we negotiate your sale, I'll not only work to get the highest sales price, but I'll also advocate for lower closing costs. And once we've reached an agreement, I'll walk you through the closing costs so you know exactly where your money is going.

Buyers: If you are buying real estate in Astoria, 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 past experiences and is required to be within a suitable range so you're not stunned when you get to closing time. I'll be happy to look over the GFE with you, answering your questions and highlighting any estimates that are uncertain.