Don't forget to factor in closing costs when considering a home sale or purchase. Jones Realty & Auction Company, Inc. is seasoned at aiding both buyers and sellers when it comes to closings. E-mail or call us today at (912) 685-5045 if your needs include a real estate pro ready for the business side of buying and selling.

Closing costs you should expect

There are certain basic fees related to closing the sale of a house. These fees are commonly split between the buyer and seller, as directed in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in Georgia to help lead you through the transaction.

Closing costs that are tied to financing    (Learn more)

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

At closing, the following taxes are usually paid    (Learn more)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Learn more)

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

Sellers: As we negotiate your transaction, we'll not only work to get the optimal sales price, but we'll also advocate for lower closing costs. And once we've arrived at an agreement, we'll walk you through the closing costs so you know exactly where your money is going.

Buyers: If you're purchasing a house in Oklahoma 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 a suitable range so you're not astonished when you come to closing time. We'll be willing to look through the GFE with you, answering your questions and highlighting any estimates in question.