
	Don't forget to factor in closing costs when considering a home sale or purchase. THIAT LIANG (broker, 650-888-5829, former Prudential Ca. Realty Top Producer and Diamond Club) is seasoned at helping both buyers and sellers when it comes to closings. E-mail or call us today at 650-888-5829 if your needs include a real estate pro ready for the business side of real estate.

What closing costs should you expect?

There are certain basic expenses associated with closing the sale of a house. These costs are often divided between the buyer and seller, as noted in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in California to help show you through the transaction.

Loan-related closing costs (More information)

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

At closing, these taxes are usually collected (More information)

Property Taxes
Transfer Taxes and Recording Fees

Insurance fees due at closing (More information)

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

Sellers: As we get through the details of your sale, I'll not only work to get the optimal sales price, but I'll also push for limited closing costs. And once we've arrived at an agreement, I'll describe in detail the closing costs so you know exactly where your money is going.

Buyers: When buying a property in San Mateo County, you will get 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 prior experience and is required to be within a suitable range so you're not surprised when you arrive at closing time. I'll be happy to go through the GFE with you, answering your questions and highlighting any estimates that seem off.