Don't forget to factor in closing costs when considering a home sale or purchase. Legacy Realty and Funding is seasoned at assisting both buyers and sellers when it comes to closings. E-mail or call me today at 714-321-9800 if your needs include a professional REALTOR® experienced in the business side of real estate.

Expected closing costs

There are certain standard costs related to closing the sale of a house. These fees are usually divided between the buyer and seller, as noted in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in California to help lead you through the deal.

Closing costs that are tied to your mortgage    (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 negotiate your deal, not only will I work to get the very best sales price, but I'll also advocate for limited closing costs. And once we've come to an agreement, I'll fully clarify the closing costs so you are aware of exactly where your money is going.

Buyers: If you're purchasing a property in Orange County, you'll be given 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 suitable range so you're not shocked when you get to the closing appointment. I'll be willing to go over the GFE with you, answering your questions and highlighting any estimates in question.