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Closing Costs, What Are They?

Closing costs are costs associated with the sale or purchase of a property.  Both the Buyer(s) and Seller(s) are responsible for closing costs.  As a service, we can offer a Pre Closing Disclosure (CD) to provide you a general estimate of what closing costs of a particular property you were interested in selling or buying.  The Pre CD for a prospective Buyer will provide the following estimated figures:

  • Buyer’s Estimated Cash Needed To Close
  • Buyer’s Estimated Recordation and Transfer Charges
  • Estimated Escrow and Impounds
  • A Breakdown of the Total Costs of The Transaction