
	Don't forget to factor in closing costs when considering a home sale or purchase. 1 Source Real Estate, Inc. is experienced at aiding both buyers and sellers when it comes to closings. E-mail or call us today at (785) 273-6500 if your needs include a real estate pro ready for the business side of buying and selling.

Anticipated closing costs

There are certain typical fees related to closing the sale of a house. These expenses are commonly split between the buyer and seller, as dictated in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in Kansas to help lead you through the deal.

Loan-related closing costs (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 negotiate your sale, not only will I work to get the very best sales price, but I'll also advocate 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 informed of exactly where your money is going.

Buyers: If you're buying real estate in Shawnee 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 suitable range so you're not shocked when you come to the closing table. I'll be willing to look at the GFE with you, answering your questions and highlighting any estimates of concern.