Finding the right home at the right price is just one aspect of a real estate transaction. Eau Claire Realty, Inc. is experienced at aiding both buyers and sellers when it comes to closings. E-mail or call us today at 715-456-5261 if your needs include a real estate pro experienced in the business side of real estate.

Anticipated closing costs

There are certain standard expenses related to closing the sale of a house. These expenses are often divided between the buyer and seller, as spelled out in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in Wisconsin to help show you through the deal.

Costs pertaining to your mortgage to be paid at closing    (Click here for details)

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

Taxes commonly paid at closing    (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 deal, I'll not only work to get the optimal sales price, but I'll also push for reduced closing costs. And once we've arrived at an agreement, I'll explain in detail the closing costs so you are aware of exactly where your money is going.

Buyers: If you're buying a property in Eau Claire 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 an appropriate range so you're not startled when you show up at the closing table. I'll be glad to review the GFE with you, answering your questions and highlighting any estimates that seem questionable.