
	Don't forget to factor in closing costs when considering a home sale or purchase. Heritage T & I Realty, Inc. is experienced at helping both buyers and sellers when it comes to closings. E-mail or call us today at (609)587-6565 if your needs include a real estate pro experienced in the business side of real estate.

Closing costs you should expect

There are certain ordinary costs related to closing the sale of a house. These expenses are commonly split between the buyer and seller, as spelled out in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in New Jersey to help guide you through your process.

Loan-related closing costs (Click here for details)

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

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

Property Taxes
Transfer Taxes and Recording Fees

Insurance fees due at closing (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 transaction, I'll not only work to get the optimal sales price, but I'll also advocate for limited closing costs. And once we've arrived at an agreement, I'll walk you through the closing costs so you know exactly what you're paying for.

Buyers: If you are buying real estate in Mercer County, you will 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 past experiences and is required to be within an acceptable range so you're not shocked when you show up at the closing table. I'll be happy to go over the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.