Closing Costs

There are certain standard costs associated with closing the sale of a home. These fees are normally split between the buyer and the seller, as spelled out in the sales contract.

(If Aiello and Associates is representing you in the purchase of your home): As we negotiate the sales contract for you, we will not only work to get the sales price you want, we will also work to limit or reduce some of the closing costs for which you will be normally responsible for.

We will walk you through the estimated closing costs, answering any questions you may have and explaining which costs are decreed by law to be yours and which are negotiable.

Good Faith Estimate

Buyers will receive a "Good Faith Estimate" of closing costs at the time the loan application is submitted to the lender.  The estimate is based on the loan officer's past experience and may not include all the closing costs.  We will be glad to review the "Good Faith Estimate," answering questions and highlighting missing costs and estimates.