Finding the right home at the right price is just one part of a home sale or purchase. Coldwell Banker Plourde Real Estate is seasoned at assisting both buyers and sellers when it comes to closings. E-mail or call us today at (207)660-4009 if your needs include a real estate pro experienced in the business side of buying and selling.

Expected closing costs

There are certain standard expenses accompanying closing the sale of a house. These fees are commonly divided between the buyer and seller, as spelled out in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in Maine to help guide you through your process.

Costs pertaining to your loan to be paid at closing    (Learn more)

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

At closing, the following taxes are usually paid    (Learn more)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (Learn more)

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

Sellers: As we get through the details of your transaction, not only will I work to get the very best sales price, but I'll also push for lower closing costs. And once we've reached an agreement, I'll fully explain the closing costs so you are aware of exactly what you're paying for.

Buyers: When buying a home in Kennebec County, you will be given 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 a reasonable range so you're not stunned when you reach the closing table. I'll be happy to look over the GFE with you, answering your questions and highlighting any estimates that are uncertain.