Don't forget to factor in closing costs when considering a home sale or purchase. Benchmark Realty is seasoned at helping both buyers and sellers when it comes to closings. E-mail or call us today at 615-456-4432 if your needs include a professional REALTOR® experienced in the business side of real estate.

Anticipated closing costs

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

Closing costs that are tied to financing    (Details)

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

At closing, the following taxes are usually collected    (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 campaign for lower closing costs. And once we've reached an agreement, I'll describe in detail the closing costs so you are informed of exactly where your money is going.

Buyers: If you're buying a house in Williamson 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 startled when you come to closing time. I'll be glad to review the GFE with you, answering your questions and highlighting any estimates of concern.
7127 Crossroads Blvd., Suite 102 Brentwood, TN 37027
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