
	Don't forget to factor in closing costs when considering a home sale or purchase. Value Realty Team is seasoned at assisting both buyers and sellers when it comes to closings. E-mail or call us today at (907) 334-VALU (8258) if your needs include a real estate pro ready for the business side of buying and selling.

What closing costs should you expect?

There are certain normal costs associated with closing the sale of a house. These expenses are often divided between the buyer and seller, as directed in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in Alaska to help guide you through your deal.

Costs pertaining to your mortgage to be paid at closing (More information)

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

Taxes commonly paid at closing (More information)

Property Taxes
Transfer Taxes and Recording Fees

At closing, these fees are often due (More information)

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

Sellers: As we negotiate your transaction, I'll not only work to get the highest 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: If you're purchasing a house in Anchorage 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 reasonable range so you're not startled when you reach the closing appointment. I'll be happy to go through the GFE with you, answering your questions and highlighting any estimates of concern.

* MOL = More or Less