Closing costs you should expect
There are certain basic costs accompanying closing the sale of a house. These fees are commonly split between the buyer and seller, as directed in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in New Mexico to help show you through the deal.
Loan-related closing costs (Click here for details)
At closing, the following taxes are usually collected (Click here for details)
At closing, these fees are often due (Click here for details)
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Sellers: As we negotiate your deal, not only will I work to get the highest sales price, but I'll also push 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: When purchasing a home in Quay County, you will get a "Loan Estimate" (LE) 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 tolerable range so you're not stunned when you arrive at the closing table. I'll be happy to review the LE with you, answering your questions and highlighting any estimates that seem off.
