Specializing in:
Water Front Property
Residential Homes
Commercial Real Estate
Investment Property
Vacant Property

Carol L Paton
GRI, Associate Broker
Office: 586.843.6314
Cell: 586.665.8808
Fax: 586.726.4514
Email: carol@teampaton.com

Kevin Paton
REALTOR®
Office: 586.843.6326
Cell: 586.292.1770
Fax: 586.726.4514
Email: kevin@teampaton.com
 
Closing Costs for the Seller
Closing costs are fees which must be paid at the time of closing, rather than included in the financed amount of the mortgage.  While most closing costs are assumed by the buyer, you may also be required to pay some of the expenses.  There are a variety of costs that must be paid at closing.  Prepaid and escrow items are generally part of these expenses.  Other costs can include appraisals, document preparation, termite inspections, tax fees, express services, courier fees, attorney costs, and repair allowances. 

Although some states have laws to prevent the buyer from paying for specific items, many of these fees can be negotiated between the parties.  It’s also important to note, closing costs can vary among lenders, so choosing wisely can lower your up-front costs.   Before the actual closing, you should review the closing statement with your title officer, real estate agent, or attorney.  You need to be aware that some title companies will only accept a cashier's check for any of your costs at closing.

For more information on your closing costs, contact Carol or Kevin Paton. We will be glad to help.

Back  Next

 

 Copyright © 2005,
Web Wizard Creations and
Team Paton.
© 2004 Coldwell Banker Real Estate Corporation. Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate Corporation. An Equal Opportunity Company. Equal Housing Opportunity. Each Office Is Independently Owned and
Operated Except Offices Owned and Operated By NRT Incorporated.

In accordance with the law, the properties and real estate services featured on this web site are 
offered without respect to race, color, creed, sex, national origin, physical limitations, or familiar status.

REALTOR® is a registered collective membership mark which identifies a
real estate professional who is a member of the NATIONAL ASSOCIATION
OF REALTORS® and subscribes to it's strict Code of Ethics.

Copyright © 2005 - Web Wizard Creations
Graphics and content may not be reproduced or copied in any way without written permission
from Web Wizard Creations. Any person(s) and/or companies that copy information and/or graphics from
this web site without written permission will be subject to legal action.


Web site design by Web Wizard Creations