
	Don't forget to factor in closing costs when considering a home sale or purchase. Value Realty Team is seasoned at aiding 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 professional REALTOR^® ready for the business side of buying and selling.

Expected closing costs

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

Costs pertaining to your loan to be paid at closing (Click here for more information)

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

At closing, the following taxes are usually paid (Click here for more information)

Property Taxes
Transfer Taxes and Recording Fees

Insurance fees due at closing (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, not only will I 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 fully explain the closing costs so you are aware of exactly where your money is going.

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 prior experience and is required to be within a suitable range so you're not shocked when you come to closing time. I'll be willing to review the GFE with you, answering your questions and highlighting any estimates that are uncertain.

* MOL = More or Less