Finding the right home at the right price is just one aspect of a real estate transaction. RE/MAX Diamond Realty Guam is seasoned at helping both buyers and sellers when it comes to closings. E-mail or call us today at 6713008141 if your needs include a real estate pro ready for the business side of real estate.

Closing costs you should expect

There are certain expected expenses accompanying closing the sale of a house. These fees are commonly split between the buyer and seller, as spelled out in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in Guam to help lead you through the deal.

Closing costs that are loan-related    (Details)

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

At closing, these taxes are usually paid    (Details)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (Details)

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

Sellers: As we hammer out 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 reached an agreement, I'll fully clarify the closing costs so you know exactly where your money is going.

Buyers: If you are buying a house in Guam County, you will receive 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 stunned when you come to the closing table. I'll be happy to look at the GFE with you, answering your questions and highlighting any estimates that seem unusual.