Finding the right home at the right price is just one aspect of a real estate transaction. Redbud Realty & Associates is seasoned at aiding both buyers and sellers when it comes to closings. E-mail or call me today at 405-659-5205 if your needs include a real estate pro experienced in the business side of real estate.

Closing costs you should expect

There are certain expected fees related to closing the sale of a house. These fees are commonly divided between the buyer and seller, as instructed in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in Oklahoma to help show you through the transaction.

Loan-related closing costs    (Learn more)

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

Taxes commonly paid at closing    (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 hammer out your sale, I'll not only work to get the highest sales price, but I'll also advocate for limited closing costs. And once we've come to an agreement, I'll explain in detail the closing costs so you know exactly where your money is going.

Buyers: When buying a house in Oklahoma 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 past experiences and is required to be within a suitable range so you're not shocked when you show up at the closing table. I'll be happy to look at the GFE with you, answering your questions and highlighting any estimates in question.



Today's Rates:

Mtg Loan    Rate  APR
30-yr Fixed3.83%3.96%
15-yr Fixed3.05%3.21%
1-yr Adj2.73%3.39%
* national averages



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