
	Don't forget to factor in closing costs when considering a home sale or purchase. Neal Sherk-North Eastern Group Realty is seasoned at aiding both buyers and sellers when it comes to closings. E-mail or call us today at (260)341-0714 if your needs include a real estate pro experienced in the business side of real estate.

Closing costs you should expect

There are certain expected fees associated with closing the sale of a house. These expenses are usually divided between the buyer and seller, as instructed in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in Indiana to help guide you through the transaction.

Closing costs that are tied to financing (Learn more)

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

Taxes commonly paid at closing (Learn more)

Property Taxes
Transfer Taxes and Recording Fees

At closing, these fees are often due (Learn more)

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

Sellers: As we hammer out your sale, I'll not only work to get the optimal sales price, but I'll also push for limited closing costs. And once we've arrived at 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 house in Allen 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 prior experience and is required to be within a tolerable range so you're not stunned when you come to the closing appointment. I'll be willing to review the GFE with you, answering your questions and highlighting any estimates that are uncertain.