Expected closing costsThere are certain expected costs accompanying closing the sale of a house. These costs are often divided between the buyer and seller, as noted in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in Oklahoma to help show you through the process.
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Loan-related closing costs (Click here for details)
Taxes you may be responsible for at closing (Click here for details)
Insurance fees due at closing (Click here for details)
Sellers: As we negotiate your deal, not only will I work to get the optimal sales price, but I'll also push for limited closing costs. And once we've come to an agreement, I'll give a detailed list of the closing costs so you know exactly what you're paying for.
Buyers: If you're purchasing real estate in Tulsa 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 a reasonable range so you're not surprised when you show up at the closing table. I'll be willing to go over the GFE with you, answering your questions and highlighting any estimates that seem off.