Closing costs you should expect
There are certain basic fees associated with closing the sale of a house. These expenses are often divided between the buyer and seller, as instructed in the sales contract. Many are customary, 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 (Click here for more information)
Taxes commonly paid at closing (Click here for more information)
Insurance fees due at closing (Click here for more information)
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Sellers: As we get through the details of your deal, not only will I work to get the optimal sales price, but I'll also advocate for reduced closing costs. And once we've arrived at an agreement, I'll explain in detail the closing costs so you are aware of exactly what you're paying for.
Buyers: If you are buying a home in Guam County, you will get a "Loan Estimate" (LE) of closing costs within three days of submitting your loan application. The estimate is based on the loan officer's previous experience and is required to be within a tolerable range so you're not astonished when you get to the closing table. I'll be willing to go through the LE with you, answering your questions and highlighting any estimates that seem questionable.
