
	Don't forget to factor in closing costs when considering a home sale or purchase. Maine Realty Transitions is seasoned at helping both buyers and sellers when it comes to closings. E-mail or call us today at (207) 228-3248 if your needs include a professional REALTOR^® ready for the business side of real estate.

What closing costs should you expect?

There are certain standard fees linked to closing the sale of a house. These expenses are commonly divided between the buyer and seller, as directed in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in Maine to help lead you through the process.

Costs pertaining to your loan to be paid at closing (Details)

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

Taxes you may be responsible for at closing (Details)

Property Taxes
Transfer Taxes and Recording Fees

At closing, these fees are often due (Details)

Homeowners Insurance
Flood or Quake Insurance (optional)
Private Mortgage Insurance (PMI) (optional)
Title Insurance

Sellers: As we get through the details of your transaction, not only will I work to get the highest sales price, but I'll also push for limited closing costs. And once we've arrived at an agreement, I'll fully clarify the closing costs so you know exactly where your money is going.

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