Finding the right home at the right price is just one part of a real estate transaction. Masonboro Realty, Inc. is experienced at helping both buyers and sellers when it comes to closings.  E-mail or call us today at 910-200-6268 910-228-9893 if your needs include a real estate pro ready for the business side of buying and selling.


Anticipated closing costs

There are certain normal costs related to closing the sale of a house. These costs are commonly divided 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 North Carolina to help guide you through the process.

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, We will not only work to get the optimal sales price, but we will also push for limited closing costs. And once we've come to an agreement, we will fully clarify the closing costs so you are aware of exactly where your money is going.

Buyers: If you are buying real estate in New Hanover 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 a tolerable range so you're not startled when you arrive at the closing table. We will be glad to review the GFE with you, answering your questions and highlighting any estimates that are uncertain.




Today's Rates:

Mtg Loan    Rate  APR
30-yr Fixed3.87%4%
15-yr Fixed3.14%3.31%
1-yr Adj2.76%3.42%
* national averages



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Contact one of our preferred Mortgage Professionals:

 

Chris Hutchens
Certified Mortgage Planner
Alpha Mortgage
Phone: 910.256.8999     Fax: 910.795.4267
chris.hutchens@alphamortgage.com
www.CHutchens.com

OR

 

 Libby Tamson
Loan Officer
Prime Lending
Phone: 910.452.3400     Mobile: 910.540.7597
ltamson@primelending.com
https://lo.primelending.com/etamson


Masonboro Realty, Inc. 1801 Barkley Avenue Wilmington, NC 28403
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