What to Expect with Closing Costs
In every real estate transaction, the buyer and seller will pay certain closing (settlement) costs. These are an accumulation of charges paid to different entities for the
professional services associated with buying or selling property.
Typical closing costs may include:
- Real estate commissions
- Appraisal fees
- Loan origination fees
- Escrow charges
- Advance payments (such as property taxes or homeowner’s insurance)
- Title insurance premiums
Closing costs are allocated between the buyer and seller and paid directly to the entities providing the services.
Important Payment Information
Your closing funds must be provided in one of the following forms:
- Cashier’s check made payable to Treworgy & Baldacci in the exact amount requested, OR
- Wired funds sent directly to our office.
Important Security Note: Wiring instructions should always be verified by calling our
office using a known and trusted phone number. Never rely on email alone to confirm wiring instructions, as wire fraud is a serious risk in real estate transactions.
Please contact our office if you need us to calculate your title insurance premium.
Our Policy on Title Insurance
We are committed to protecting clients in every transaction. Please note:
- We do not conduct cash closings or prepare documents where the buyer has declined an owner’s policy of title insurance.
This policy reflects our dedication to ensuring that all parties are properly protected and that your investment remains secure.
Special Fees
Please note that the fees listed apply to residential real estate closings. Special fees may apply for commercial transactions. In addition, when a property is considered tax acquired
or a tax title, special fees apply. Please contact us directly for a quote.