Don't forget to factor in closing costs when considering a home sale or purchase. Reuter Realty is seasoned at helping both buyers and sellers when it comes to closings. E-mail or call us today at 405-340-4377 if your needs include a real estate pro ready for the business side of buying and selling.

Anticipated closing costs

There are certain basic expenses related to closing the sale of a house. These costs are usually divided between the buyer and seller, as spelled out in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in Oklahoma to help guide you through your deal.

Loan-related closing costs    (Click here for more information)

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

Taxes commonly paid at closing    (Click here for more information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Click here for more information)

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

Sellers: As we hammer out your transaction, not only will I work to get the very best sales price, but I'll also push for limited 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: If you are purchasing real estate in Oklahoma County, you will 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 come to the closing appointment. I'll be happy to look through the GFE with you, answering your questions and highlighting any estimates that are uncertain.

Reuter Realty 2919 NW 122nd, Suite B Oklahoma City, OK 73120-7610
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