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| I will go the "extra mile" for you |
| Real Estate with Joy |
| Joyce Erskine-Jordan REALTOR®, GRI |
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Each RE/MAX office independently owned & operated.
| What do settlement costs include? |
Your settlement costs depend on your area and the outcome of your negotiation with your buyer. Typically, these
costs may include:
- A prepayment penalty on your mortgage.
- Repairs required by the lender if not paid by buyer.
- Settlement fees for attorney services, such as paying off the loan and document
preparation.
costs may include:
- Loan discount “points” based on the amount of the buyer’s mortgage loan
- Interest on your mortgage loan for the portion of the month up to the settlement date
- Termite/Mold inspection fee
- Mold inspection fee
- Fees, such as preparation of release, recordation of release, notary, trustee fees if needed, and grantor’s
tax, as local laws and customs dictate
- Brokerage fee
- “If applicable” fees:
- A prepayment penalty on your mortgage.
- Repairs required by the lender if not paid by buyer.
- Settlement fees for attorney services, such as paying off the loan and document
preparation.
| 10525 Timberwood Circle Louisville, KY 40223 800-444-1946 Ext. 193 TF 502-992-4193 Direct 502-425-6222 Fax email Joyce |
