Anticipated closing costs

There are certain ordinary fees accompanying closing the sale of a house. These expenses are usually split between the buyer and seller, as instructed 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 the process.

Loan-related closing costs (Click here for details)

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

At closing, the following taxes are usually paid (Click here for details)

Property Taxes
Transfer Taxes and Recording Fees

At closing, these fees are often due (Click here for details)

Homeowners Insurance
Flood or Quake Insurance (optional)
Private Mortgage Insurance (PMI) (optional)
Title Insurance

Sellers: As we negotiate your transaction, not only will I work to get the highest sales price, but I'll also push for limited closing costs. And once we've come to an agreement, I'll explain in detail the closing costs so you are informed of exactly what you're paying for.

Buyers: If you are buying real estate in Guam County, you'll receive 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 an appropriate range so you're not astonished when you arrive at closing time. I'll be glad to go through the LE with you, answering your questions and highlighting any estimates that seem questionable.

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