
	Don't forget to factor in closing costs when considering a home sale or purchase. Stacy Lyons-GRI,Realtor,CHMS,e-PRO,SFR,AHWD is seasoned at helping both buyers and sellers when it comes to closings. E-mail or call us today at (405) 361-1006 if your needs include a professional REALTOR^® experienced in the business side of buying and selling.

What closing costs should you expect?

There are certain basic expenses associated with closing the sale of a house. These expenses are often 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 Oklahoma to help lead you through the process.

Closing costs that are tied to financing (Details)

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

At closing, these taxes are usually paid (Details)

Property Taxes
Transfer Taxes and Recording Fees

At closing, these fees are often due (Details)

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

Sellers: As we negotiate your transaction, not only will I work to get the optimal sales price, but I'll also push for reduced closing costs. And once we've arrived at an agreement, I'll give a detailed list of the closing costs so you are aware of exactly what you're paying for.

Buyers: If you are purchasing real estate in Canadian County, you will get 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 surprised when you arrive at the closing appointment. I'll be willing to go over the GFE with you, answering your questions and highlighting any estimates that are uncertain.