Finding the right home at the right price is just one aspect of a real estate transaction. James Moody, Auctioneer/Agent - Greg Cassidy, Assistant is experienced at aiding both buyers and sellers when it comes to closings. E-mail or call us today at 419.841.6208 if your needs include a professional REALTOR® ready for the business side of real estate.

Closing costs you should expect

There are certain standard fees related to closing the sale of a house. These fees are commonly divided between the buyer and seller, as noted in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in Ohio to help guide you through your transaction.

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

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

Taxes you may be responsible for at closing    (Click here for more information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

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

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

Sellers: As we get through the details of your sale, not only will I work to get the optimal sales price, but I'll also campaign for reduced closing costs. And once we've arrived at an agreement, I'll fully explain the closing costs so you are aware of exactly where your money is going.

Buyers: If you're purchasing a house in Lucas 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 reasonable range so you're not astonished when you show up at closing time. I'll be glad to look over the GFE with you, answering your questions and highlighting any estimates that seem questionable.

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James Moody, Auctioneer/Agent 5217 Monroe Street Suite A-3 TOLEDO, OH 43623
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