What closing costs should you expect?
There are certain normal costs related to closing the sale of a house. These expenses are usually divided between the buyer and seller, as spelled out 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 lead you through the deal.
Costs pertaining to your loan to be paid at closing (Click here for more information)
Taxes you may be responsible for at closing (Click here for more information)
Insurance fees due at closing (Click here for more information)
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Sellers: As we get through the details of your sale, I'll not only work to get the very best sales price, but I'll also campaign for limited closing costs. And once we've reached an agreement, I'll give a detailed list of the closing costs so you are informed of exactly what you're paying for.
Buyers: When buying real estate in Quay County, you'll receive 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 an appropriate range so you're not startled when you arrive at the closing appointment. I'll be happy to review the LE with you, answering your questions and highlighting any estimates of concern.