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Don't forget to factor in closing costs when considering a home sale or purchase. Lynn Pace Real Estate, Inc is seasoned at helping both buyers and sellers when it comes to closings. E-mail or call us today at (662) 843-6680 if your needs include a real estate pro experienced in the business side of real estate.

Anticipated closing costs

There are certain typical costs related to closing the sale of a house. These expenses are often split between the buyer and seller, as instructed in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in Mississippi to help guide you through your deal.

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 get through the details of your transaction, I'll not only work to get the optimal sales price, but I'll also push for reduced closing costs. And once we've come to an agreement, I'll fully clarify the closing costs so you are informed of exactly where your money is going.

Buyers: When buying a property in Bolivar County, you will 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 prior experience and is required to be within an appropriate range so you're not surprised when you reach closing time. I'll be willing to look over the GFE with you, answering your questions and highlighting any estimates that seem off.