
	Finding the right home at the right price is just one aspect of a real estate transaction. Northern Land & Realty Co. is seasoned at helping both buyers and sellers when it comes to closings. E-mail or call us today at (406) 265-2253 if your needs include a real estate pro experienced in the business side of real estate.

Closing costs you should expect

There are certain typical expenses accompanying closing the sale of a house. These costs are commonly split between the buyer and seller, as noted in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in Montana to help lead you through the transaction.

Closing costs that are loan-related (More information)

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

At closing, the following taxes are usually paid (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 get through the details of your transaction, I'll not only work to get the highest sales price, but I'll also push for lower closing costs. And once we've arrived at an agreement, I'll explain in detail the closing costs so you are aware of exactly where your money is going.

Buyers: If you're purchasing real estate in Hill County, you'll 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 tolerable range so you're not startled when you come to closing time. I'll be glad to look over the GFE with you, answering your questions and highlighting any estimates of concern.