Expected closing costs

There are certain expected fees accompanying closing the sale of a house. These fees are commonly split between the buyer and seller, as directed in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in Tennessee to help lead you through the transaction.

Closing costs that are tied to your mortgage (Click here for more information)

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

At closing, the following taxes are usually collected (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 hammer out your transaction, not only will I work to get the very best sales price, but I'll also push for lower closing costs. And once we've arrived at an agreement, I'll describe in detail the closing costs so you are informed of exactly where your money is going.

Buyers: If you're buying a house in Davidson County, you will be given a "Loan Estimate" (LE) 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 reasonable range so you're not stunned when you show up at the closing appointment. I'll be happy to look through the LE with you, answering your questions and highlighting any estimates that seem questionable.