
	Don't forget to factor in closing costs when considering a home sale or purchase. Living Structures is seasoned at aiding both buyers and sellers when it comes to closings. E-mail or call us today at 518-622-0840 or Toll Free 888-851-1552 if your needs include a real estate pro ready for the business side of real estate.

Closing costs you should expect

There are certain ordinary costs associated with closing the sale of a house. These fees are commonly divided between the buyer and seller, as noted in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in New York to help show you through your deal.

Closing costs that are loan-related (Click here for more information)

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

Taxes you may be responsible for at closing (Click here for more information)

Property Taxes
Transfer Taxes and Recording Fees

Insurance fees due at closing (Click here for 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, I'll not only work to get the optimal sales price, but I'll also push for lower 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: When purchasing a home in Albany 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 previous experience and is required to be within a reasonable range so you're not astonished when you get to the closing appointment. I'll be willing to go through the GFE with you, answering your questions and highlighting any estimates that seem off.