Expected closing costs
There are certain typical costs accompanying closing the sale of a house. These costs are commonly divided between the buyer and seller, as dictated 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 your deal.
Closing costs that are loan-related (Click here for details)
At closing, the following taxes are usually paid (Click here for details)
Insurance fees due at closing (Click here for details)
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Sellers: As we hammer out your sale, I'll not only work to get the optimal sales price, but I'll also campaign for reduced closing costs. And once we've reached an agreement, I'll explain in detail the closing costs so you know exactly what you're paying for.
Buyers: When 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 prior experience and is required to be within a reasonable range so you're not surprised when you get to the closing appointment. I'll be happy to review the LE with you, answering your questions and highlighting any estimates that seem unusual.
