Closing Costs

There are certain standard costs associated with closing the sale of a house in Anne Arundel County, MD. These fees are split between the buyer and the seller, as spelled out in the sales contract. A good rule of thumb for Anne Arundel county buyers is to expect to pay between 3 - 4% in settlement costs.

As we negotiate the sales contract for you, we will not only work to get the sales price you want, but also work to limit the number of closing costs for which you will be responsible.

We always provide an estimated settlement sheet to show you your net gain if selling and net cost if buying a house. We will walk you through the closing costs, answering any questions you may have explaining which costs are decreed by law to be yours and which are negotiable.

Good Faith Estimate

Buyers will receive a "Good Faith Estimate" of closing costs at the time the loan application is submitted to the lender. The estimate is based on the loan officer's past experience and may not include all the closing costs. we will be glad to review the "Good Faith Estimate," answering questions and highlighting missing costs and estimates I believe to be low.