
	Don't forget to factor in closing costs when considering a home sale or purchase. Prudential Alliance Realty Inc. is experienced at aiding both buyers and sellers when it comes to closings. E-mail or call us today at 405-348-7910 if your needs include a professional REALTOR^® ready for the business side of buying and selling.

What closing costs should you expect?

There are certain ordinary expenses accompanying closing the sale of a house. These costs are usually split between the buyer and seller, as dictated in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in Oklahoma to help show you through the deal.

Closing costs that are loan-related (More information)

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

Taxes you may be responsible for at closing (More information)

Property Taxes
Transfer Taxes and Recording Fees

Insurance fees due at closing (More information)

Homeowners Insurance
Flood or Quake Insurance (optional)
Private Mortgage Insurance (PMI) (optional)
Title Insurance

Sellers: As we get through the details of your transaction, I'll not only work to get the optimal sales price, but I'll also campaign for reduced closing costs. And once we've come to an agreement, I'll walk you through the closing costs so you know exactly where your money is going.

Buyers: If you are buying a property in Oklahoma County, you'll receive 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 previous experience and is required to be within a reasonable range so you're not shocked when you show up at the closing table. I'll be glad to go over the GFE with you, answering your questions and highlighting any estimates that are uncertain.