Don't forget to factor in closing costs when considering a home sale or purchase. One Stop Multiservice Inc is seasoned at assisting both buyers and sellers when it comes to closings. E-mail or call us today at 718-554-0257 if your needs include a real estate pro ready for the business side of real estate.

What closing costs should you expect?

There are certain typical expenses linked to closing the sale of a house. These fees are commonly split between the buyer and seller, as instructed in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in New York to help guide you through the transaction.

Costs pertaining to your loan to be paid at closing    (More information)

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

At closing, these taxes are usually collected    (More information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (More information)

  • 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 highest sales price, but I'll also advocate for limited closing costs. And once we've reached an agreement, I'll fully explain the closing costs so you know exactly what you're paying for.

Buyers: When buying a home in County, you'll receive 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 an acceptable range so you're not astonished when you get to the closing table. I'll be willing to look over the GFE with you, answering your questions and highlighting any estimates that seem off.