What closing costs should you expect?

There are certain normal fees related to closing the sale of a house. These fees are often 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 Washington to help show you through the process.


Costs pertaining to your mortgage to be paid prior to or at closing    (Click here for details)

  • Points (optional)
  • Credit Report
  • Interest Payment
  • Escrow Account
  • Appraisal Fee
  • Home Inspection Fee (highly recommended but not required)

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

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due typically prior to or at closing    (Click here for details)

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


Sellers: As we negotiate your deal, I'll not only work to get the very best sales price, but I'll also campaign for lower closing costs. And once we've arrived at an agreement, I'll fully clarify the closing costs so you are informed of exactly where your money is going.


Buyers: If you are buying a house in Thurston County or Pierce County, you'll 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 stunned when you arrive at the closing table. I'll be willing to go through the LE with you, answering your questions and highlighting any estimates that seem unusual.

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Cheryl "Cherie" Allen, Riley Jackson Real Estate

2415 Evergreen Park Dr SW #D
Olympia, WA 98502