Don't forget to factor in closing costs when considering a home sale or purchase. Park Place Real Estate is experienced at aiding both buyers and sellers when it comes to closings. E-mail or call us today at 970-663-7070 if your needs include a real estate pro experienced in the business side of buying and selling.

What closing costs should you expect?

There are certain basic costs accompanying closing the sale of a house. These costs are commonly divided between the buyer and seller, as directed in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in Colorado to help show you through your deal.

Closing costs that are tied to your mortgage    (Details)

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

Taxes commonly paid at closing    (Details)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Details)

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

Sellers: As we get through the details of your deal, not only will I work to get the very best sales price, but I'll also push for lower closing costs. And once we've come to an agreement, I'll walk you through the closing costs so you are aware of exactly what you're paying for.

Buyers: If you're buying real estate in Larimer County, you will 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 an appropriate range so you're not shocked when you come to closing time. I'll be glad to look through the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.
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