Don't forget to factor in closing costs when considering a home sale or purchase. Prudential McGeehan & Pineiro Real Estate is seasoned at assisting both buyers and sellers when it comes to closings. E-mail or call us today at 201-858-3000 if your needs include a real estate pro ready for the business side of real estate. Closing costs you should expect There are certain expected fees associated with closing the sale of a house. These fees are usually split between the buyer and seller, as instructed 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 guide you through your transaction. Costs pertaining to your mortgage to be paid at closing    (More information) Points (optional) Appraisal Fee Credit Report Interest Payment Escrow Account At closing, these taxes are usually paid    (More information) Property Taxes Transfer Taxes and Recording Fees At closing, these fees are often due    (More information) 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 very best sales price, but I'll also campaign for lower closing costs. And once we've reached an agreement, I'll fully clarify the closing costs so you know exactly where your money is going. Buyers: If you are buying a property in Hudson 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 prior experience and is required to be within a reasonable range so you're not stunned when you reach the closing appointment. I'll be glad to go through the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.

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