
	Don't forget to factor in closing costs when considering a home sale or purchase. Metro Properties is seasoned at helping both buyers and sellers when it comes to closings. E-mail or call us today at 8002526633 if your needs include a real estate pro ready for the business side of buying and selling.

Expected closing costs

There are certain expected fees related to closing the sale of a house. These costs are usually split 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 Oklahoma to help direct you through the process.

Loan-related closing costs (Click here for details)

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

At closing, the following taxes are usually collected (Click here for details)

Property Taxes
Transfer Taxes and Recording Fees

At closing, these fees are often due (Click here for details)

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

Sellers: As we get through the details of your sale, We'll not only work to get the very best sales price, but we will also push for limited closing costs. And once we've reached an agreement, we'll fully explain the closing costs so you know exactly what you're paying for.

Buyers: If you're purchasing a house in Oklahoma County, you'll 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 astonished when you arrive at the closing table. A member of our team will be willing to go through the GFE with you, answering your questions and highlighting any estimates in question.