
	Don't forget to factor in closing costs when considering a home sale or purchase. trammell & Co. Realtors is seasoned at assisting both buyers and sellers when it comes to closings. E-mail or call us today at (501) 568-5652 if your needs include a professional REALTOR^® ready for the business side of real estate.

Anticipated closing costs

There are certain basic costs accompanying closing the sale of a house. These fees are usually divided between the buyer and seller, as directed in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in Arkansas to help lead you through your deal.

Costs pertaining to your loan to be paid at closing (Learn more)

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

At closing, the following taxes are usually collected (Learn more)

Property Taxes
Transfer Taxes and Recording Fees

At closing, these fees are often due (Learn more)

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

Sellers: As we negotiate your deal, I'll not only work to get the very best sales price, but I'll also campaign for lower closing costs. And once we've arrived at an agreement, I'll fully explain the closing costs so you are informed of exactly where your money is going.

Buyers: When purchasing real estate in Pulaski 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 prior experience and is required to be within a tolerable range so you're not surprised when you reach the closing appointment. I'll be glad to look over the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.