Finding the right home at the right price is just one aspect of a home sale or purchase. Leyba Real Estate LLC is experienced at aiding both buyers and sellers when it comes to closings. E-mail or call us today at 505.473.0223 if your needs include a real estate pro ready for the business side of real estate.

Expected closing costs

There are certain standard expenses associated with closing the sale of a house. These expenses are often split between the buyer and seller, as directed in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in New Mexico to help guide you through your transaction.

Loan-related closing costs    (Details)

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

At closing, these taxes are usually paid    (Details)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (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, I'll not only work to get the highest sales price, but I'll also campaign for lower closing costs. And once we've come to an agreement, I'll explain in detail the closing costs so you are aware of exactly what you're paying for.

Buyers: If you are purchasing a home in Santa Fe County, you will 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 past experiences and is required to be within a tolerable range so you're not surprised when you reach the closing appointment. I'll be willing to go over the GFE with you, answering your questions and highlighting any estimates that seem off.

Gabriel & Maria Leyba

Santa Fe's Family Owned Real Estate Brokerage
Honored to serve clients in Santa Fe, Rio Rancho, Albuquerque, Northern New Mexico and all points in between.


Leyba Real Estate LLC Post Office Box 29624 Santa Fe, NM 87592
Phone:

Contact Us | Press Release | Real Estate Glossary | Home | Your Buying Power | 9 Steps to Owning

Copyright © 2012 Leyba Real Estate LLC
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin LoginTerms of UseSite Map
All rate, payment, and area information are estimates and approximations only.