Don't forget to factor in closing costs when considering a home sale or purchase. United Country Palmer Real Estate is seasoned at assisting both buyers and sellers when it comes to closings. E-mail or call us today at 607-849-4529 if your needs include a professional REALTOR® experienced in the business side of buying and selling.

Closing costs you should expect

There are certain basic costs accompanying closing the sale of a house. These fees are usually split between the buyer and seller, as directed in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in N.Y. to help guide you through your transaction.

Loan-related closing costs    (More information)

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

At closing, the following taxes are usually collected    (More information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (More information)

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

Sellers: As we negotiate your sale, I'll not only work to get the optimal sales price, but I'll also campaign for reduced closing costs. And once we've arrived at an agreement, I'll describe in detail the closing costs so you know exactly what you're paying for.

Buyers: If you're purchasing a home in Cortland 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 past experiences and is required to be within an acceptable range so you're not startled when you reach the closing appointment. I'll be happy to review the GFE with you, answering your questions and highlighting any estimates that are uncertain.

United Country Palmer Real Estate 8 Cortland Street Marathon, N.Y. 13803
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