Finding the right home at the right price is just one part of a real estate transaction. Kiva Realty is seasoned at aiding both buyers and sellers when it comes to closings.
E-mail or call us today at (575) 356-5555 if your needs include a real estate pro experienced in the business side of buying and selling.
Anticipated closing costs
There are certain basic costs related to closing the sale of a house. These fees are commonly divided between the buyer and seller, as dictated in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in New Mexico to help direct you through the process. Loan-related closing costs (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 deal, we'll not only work to get the highest sales price, but we'll also advocate for limited closing costs. And once we've reached an agreement, we'll give a detailed list of the closing costs so you know exactly what you're paying for.
Buyers: When purchasing a home in Oklahoma 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 astonished when you reach the closing table. We'll be glad to go over the GFE with you, answering your questions and highlighting any estimates that seem questionable.