
	Don't forget to factor in closing costs when considering a home sale or purchase. Coldwell Banker Prestige Homes & Real Estate, Inc. is experienced at helping both buyers and sellers when it comes to closings. E-mail or call us today at 334-347-7971 if your needs include a real estate pro ready for the business side of real estate.

Anticipated closing costs

There are certain typical costs linked to closing the sale of a house. These costs 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 Alabama to help lead you through your transaction.

Costs pertaining to your loan to be paid at closing (Click here for details)

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

Taxes commonly paid 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 transaction, I'll not only work to get the highest sales price, but I'll also advocate for lower closing costs. And once we've come to an agreement, I'll fully clarify the closing costs so you are informed of exactly where your money is going.

Buyers: If you're purchasing real estate in Coffee County, you'll 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 past experiences and is required to be within an appropriate range so you're not stunned when you show up at the closing table. I'll be willing to go over the GFE with you, answering your questions and highlighting any estimates that seem off.