Expected closing costs

 Smoky Mountain Realty can walk you through closing - 865-643-0644
There are certain standard expenses related to closing the sale of a house. These costs are often split between the buyer and seller, as directed in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in Tennessee to help lead you through the deal.

Loan-related closing costs    (Click here for details)

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

Taxes you may be responsible for at closing    (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 negotiate your sale, not only will we work to get the highest sales price, but we'll also campaign for limited closing costs. And once we've reached an agreement, we'll fully clarify the closing costs so you know exactly what you're paying for.

Buyers: If you are purchasing a property in Loudon County an surrounding County's, you'll receive a "Loan Estimate" (LE) of closing costs within three days of submitting your loan application and a "Closing Disclosure" no fewer than three days prior to closing. These estimates are based on the loan officer's past experiences and are required to be within a tolerable range so you're not astonished when you reach closing time. We'll be willing to look at the estimate with you, answering your questions and highlighting any estimates of concern.

Finding the right home at the right price is just one aspect of a real estate transaction. Smoky Mountain Realty is seasoned at helping both buyers and sellers when it comes to closings. E-mail or call me today at 865-986-4646 if your needs include a professional REALTOR® ready for the business side of real estate.

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