Finding the right home at the right price is just one part of a real estate transaction. Leah Brown is seasoned at assisting both buyers and sellers when it comes to closings. E-mail or call us today at (405) 414-2433 if your needs include a professional REALTOR® experienced in the business side of buying and selling.

Expected closing costs

There are certain ordinary costs associated with closing the sale of a house. These costs are commonly split between the buyer and seller, as instructed in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in Oklahoma to help lead you through your process.

Closing costs that are loan-related    (More information)

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

At closing, the following taxes are usually paid    (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 negotiate your sale, not only will we work to get the very best sales price, but we'll also campaign for limited closing costs. And once we've reached an agreement, we'll walk you through the closing costs so you are aware of exactly what you're paying for.

Buyers: If you are buying a home in Oklahoma, you should get 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 stunned when you come to closing time. We'll be glad to look over the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.

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