Closing Costs

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

Your real estate agent will negotiate the sales contract for you, he or she will not only work to get the sales price you want, but also work to limit the number of closing costs for which you will be responsible.

We will walk you through the closing costs; answering any questions you may have, explaining what the closing costs pay for, who they are paid to, and making sure that you aren't getting overcharged on anything.

One important thing to remember there are unscrupulous lenders who will "quote" you amazingly low closing costs, but when it comes time to close, the fees have gone up. You have the right to inspect the closing documents before closing, don't get pressured into paying more than you were told. Yes, there are fees that can change, but the difference shouldn't be substantial and it should be explained to you very clearly. The best thing you can do ...  is work with us. We rely on referrals from satisfied clients. We will treat you right.

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 North Star's past experience and we work very hard to make sure it is as accurate as possible.