Don't forget to factor in closing costs when considering a home sale or purchase. Horizon Real Estate is seasoned at assisting both buyers and sellers when it comes to closings. E-mail or call us today at 206-745-0487 if your needs include a real estate pro ready for the business side of real estate.

Expected closing costs

There are certain expected costs accompanying closing the sale of a house. These costs are commonly divided between the buyer and seller, as spelled out in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in Washington to help guide you through your process.

Loan-related closing costs    (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 get through the details of your transaction, I'll not only work to get the optimal sales price, but I'll also advocate for reduced closing costs. And once we've reached an agreement, I'll describe in detail the closing costs so you know exactly where your money is going.

Buyers: If you're buying a house in King County, you'll 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 previous experience and is required to be within a tolerable range so you're not astonished when you show up at the closing table. I'll be willing to look over the GFE with you, answering your questions and highlighting any estimates of concern.

Today's Rates:

Mtg Loan    Rate  APR
30-yr Fixed3.87%4%
15-yr Fixed3.14%3.31%
1-yr Adj2.76%3.42%
* national averages



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We lend in the following states: WA, OR, ID, NV, CA and have Affiliates in all 50 States. West Horizon Financial Inc. 510-MB-24616




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Real Estate Broker: Angela Hiroshima
 
Horizon Real Estate
7900 E. Green Lake Dr. N Ste 212, Suite 201
Seattle, WA 98103
 
206-745-0487
  

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