Don't forget to factor in closing costs when considering a home sale or purchase. Weichert, REALTORS® is seasoned at aiding both buyers and sellers when it comes to closings. E-mail or call us today at 856-596-0008 if your needs include a professional REALTOR® experienced in the business side of real estate.

Expected closing costs

There are certain ordinary fees associated with closing the sale of a house. These expenses are usually divided between the buyer and seller, as dictated in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in New Jersey to help show you through the transaction.

Costs pertaining to your loan to be paid at closing    (Details)

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

At closing, these taxes are usually collected    (Details)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (Details)

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

Sellers: As we negotiate your deal, I'll not only work to get the optimal sales price, but I'll also advocate for lower closing costs. And once we've arrived at an agreement, I'll walk you through the closing costs so you are informed of exactly where your money is going.

Buyers: When buying a property in Burlington County, you will receive 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 stunned when you reach closing time. I'll be willing to look over the GFE with you, answering your questions and highlighting any estimates that seem questionable.

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