Finding the right home at the right price is just one part of a home sale or purchase. Classic Realty Group is seasoned at helping both buyers and sellers when it comes to closings. E-mail or call us today at 7085399900 if your needs include a professional REALTOR® experienced in the business side of buying and selling.

Closing costs you should expect

There are certain normal expenses associated with closing the sale of a house. These expenses are often split between the buyer and seller, as noted in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in Illinois to help lead you through your process.

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

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

Taxes you may be responsible for at closing    (Click here for more information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Click here for more information)

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

Sellers: As we get through the details of your sale, I'll not only work to get the highest sales price, but I'll also push for limited closing costs. And once we've come to an agreement, I'll describe in detail the closing costs so you know exactly where your money is going.

Buyers: When purchasing a property in Cook County, you'll 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 tolerable range so you're not surprised when you get to the closing table. I'll be happy to review the GFE with you, answering your questions and highlighting any estimates in question.

Classic Realty Group 15545 S. 71st Ct., suite 202 Orland Park, Il 60462
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