Don't forget to factor in closing costs when considering a home sale or purchase. Allied Inc. Realtors is seasoned at assisting both buyers and sellers when it comes to closings. E-mail or call us today at 405.740.6616 if your needs include a real estate pro ready for the business side of real estate.

Anticipated closing costs

There are certain normal fees related to closing the sale of a house. These costs are often 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 Oklahoma to help show you through the process.

Loan-related closing costs    (Click here for more information)

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

At closing, these taxes are usually paid    (Click here for more information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (Click here for more information)

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

Sellers: As we negotiate your deal, not only will I work to get the highest sales price, but I'll also push for limited closing costs. And once we've reached an agreement, I'll fully clarify the closing costs so you are aware of exactly what you're paying for.

Buyers: If you're purchasing a home in Oklahoma 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 suitable range so you're not stunned when you get to the closing appointment. I'll be glad to look over the GFE with you, answering your questions and highlighting any estimates that are uncertain.

Allied Inc. Realtors 3636 NW 63rd St. Suite A Oklahoma City, OK 73116
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