Decklynn & Joel Theisen - REMAX Advantage PLus
Decklynn & Joel Theisen
612-260-5497612-260-5497

Understanding Closing Costs

When it comes to closing the sale of a house, there are certain standard costs that are split between the buyer and seller which are specified in the purchase contract. The allocation of these fees is, to an extent, negotiable. As I negotiate the purchase contract on your behalf, I will strive to achieve the result that you desire, as well as reviewing the closing costs for which you are responsible.

THE LOAN ESTIMATE
Buyers will receive a “Loan Estimate” with closing costs at the time the loan application is submitted to the lender. The estimate is based on the loan officer’s past experience and may not include all the closing costs. I am happy to review the Loan Estimate with and provide analysis based on my experience.

THE CLOSING DISCLOSURE
Prior to the closing, you will receive a “Closing Disclosure” that will include all of the final closing costs for your loan. The Closing Disclosure should match the Loan Estimate very closely.

STANDARD CLOSING COSTS

Loan-Related Costs:

  • Loan origination fee
  • Points (if applicable)
  • Appraisal fee
  • Credit report
  • Interest payment
  • Escrow fee

Tax-Related Costs:

  • Prorated property taxes
  • Transfer taxes
  • Recording fees

Insurance-Related Costs:

  • Homeowners insurance
  • Flood or earthquake insurance
  • Private mortgage insurance (“PMI”)
  • Title insurance

Real Estate Sales Commissions

  • Sellers’ Broker/Agent
  • Buyer’s Broker/Agent

Contact Us

About Us

Picture of Decklynn & Joel Theisen

Decklynn & Joel Theisen

Real Estate

decklynnt@hotmail.com

17850 Kenwood Trail, Lakeville, MN 55044

612 840 5847612 840 5847 office

Remax Advantage Plus

17850 Kenwood Trail, Lakeville, MN 55044

Reviews

5user10277461

Decklyn and Joel's experience and knowledge of the area helped us prepare for and finalize the sale of our home. They are very professional and understanding of the emotional part of the process. Decklynn and Joel are the best!

5user792633

I sold my house in a difficult transaction because of a few things - I was out of the country and had to give my son power-of-attorney, the buyers were asking for some extra changes and I had to get an offer in on a townhome I ended up purchasing. Deck &... (more)

5zuser20140909063208153

We had several offers on the house we really wanted and their advice was instrumental in getting our offer accepted. The whole process was clear and easy and we couldn't be happier in our new home, it is just the right place for our family.

Review Decklynn & Joel Theisen on Zillow.com