Finding the right home at the right price is just one part of a home sale or purchase. Fall Properties is experienced at aiding both buyers and sellers when it comes to closings. E-mail or call us today at 703-675-2188 if your needs include a real estate pro ready for the business side of buying and selling.

Expected closing costs

There are certain typical fees associated with closing the sale of a house. These expenses are usually split between the buyer and seller, as noted in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in Virginia to help guide you through the transaction.

Loan-related closing costs    (Details)

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

At closing, the following taxes are usually paid    (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 deal, not only will I work to get the highest sales price, but I'll also advocate 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: If you're purchasing a property in Fairfax County, you will 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 previous experience and is required to be within a suitable range so you're not startled when you come to the closing table. I'll be happy to look through the GFE with you, answering your questions and highlighting any estimates that seem off.

Fall Properties 212-A N. West Street Falls Church, VA 22046
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