
	Don't forget to factor in closing costs when considering a home sale or purchase. The Allan Agency L.L.C. is experienced at aiding both buyers and sellers when it comes to closings. E-mail or call us today at 860-444-9070 if your needs include a real estate pro ready for the business side of real estate.

What closing costs should you expect?

There are certain standard fees associated with closing the sale of a house. These costs are often divided between the buyer and seller, as dictated in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in Connecticut to help show you through your deal.

Loan-related closing costs (Click here for more information)

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

At closing, these taxes are usually paid (Click here for more information)

Property Taxes
Transfer Taxes and Recording Fees

Insurance fees due at closing (Click here for more information)

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

Sellers: As we negotiate your transaction, not only will I work to get the optimal sales price, but I'll also campaign for limited closing costs. And once we've reached an agreement, I'll give a detailed list of the closing costs so you know exactly what you're paying for.

Buyers: When purchasing real estate in New London 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 a reasonable range so you're not astonished when you get to the closing table. I'll be willing to look through the GFE with you, answering your questions and highlighting any estimates in question.