Finding the right home at the right price is just one aspect of a home sale or purchase. Elk Creek Realty is seasoned at aiding both buyers and sellers when it comes to closings. E-mail or call us today at (502)477-6561 if your needs include a real estate pro experienced in the business side of buying and selling.

Closing costs you should expect

There are certain basic expenses related to closing the sale of a house. These costs are usually divided between the buyer and seller, as directed in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in Kentucky to help guide you through your transaction.

Loan-related closing costs    (Details)

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

Taxes commonly paid at closing    (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 hammer out your deal, not only will I work to get the highest sales price, but I'll also push for limited closing costs. And once we've come to an agreement, I'll walk you through the closing costs so you are aware of exactly where your money is going.

Buyers: If you're purchasing a property, you'll 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 past experiences and is required to be within an acceptable range so you're not surprised when you come to closing time. I'll be glad to look over the GFE with you, answering your questions and highlighting any estimates that seem questionable.
6287 Taylorsville Road Fisherville, KY 40023-6443
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