Don't forget to factor in closing costs when considering a home sale or purchase. Weems Realty is experienced at helping both buyers and sellers when it comes to closings. E-mail or call us today at (918) 825-2284 if your needs include a professional REALTOR® experienced in the business side of real estate.

Expected closing costs

There are certain typical costs related to closing the sale of a house. These fees are often divided between the buyer and seller, as instructed in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in Oklahoma to help lead you through the deal.

Loan-related closing costs    (Learn more)

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

At closing, these taxes are usually collected    (Learn more)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (Learn more)

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

Sellers: As we negotiate your deal, I'll not only work to get the very best sales price, but I'll also advocate for limited closing costs. And once we've come to an agreement, I'll describe in detail the closing costs so you know exactly what you're paying for.

Buyers: When purchasing real estate in Mayes 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 previous experience and is required to be within a reasonable range so you're not stunned when you show up at closing time. I'll be happy to review the GFE with you, answering your questions and highlighting any estimates that seem unusual.


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