What closing costs should you expect?
There are certain basic fees related to closing the sale of a house. These expenses are commonly divided between the buyer and seller, as directed in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in New Mexico to help guide you through the deal.
Costs pertaining to your mortgage to be paid at closing (Details)
At closing, the following taxes are usually paid (Details)
At closing, these fees are often due (Details)
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Sellers: As we get through the details of your sale, not only will I work to get the optimal sales price, but I'll also campaign for limited closing costs. And once we've come to an agreement, I'll explain in detail the closing costs so you are aware of exactly where your money is going.
Buyers: If you are buying real estate 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 shocked when you come to the closing table. I'll be glad to look at the LE with you, answering your questions and highlighting any estimates of concern.
