Finding the right home at the right price is just one part of a home sale or purchase. Countryside Realty is experienced at aiding both buyers and sellers when it comes to closings. E-mail or call us today at (320) 983-2991 if your needs include a real estate pro experienced in the business side of real estate.

Expected closing costs

There are certain basic costs linked to closing the sale of a house. These expenses are usually split between the buyer and seller, as noted in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in Minnesota to help guide you through the deal.

Closing costs that are tied to financing    (Click here for more information)

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

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

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (Click here for more information)

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

Sellers: As we get through the details of your transaction, not only will we work to get the very best sales price, but we'll also campaign for limited closing costs. And once we've come to an agreement, we'll fully explain the closing costs so you are informed of exactly where your money is going.

Buyers: If you are purchasing real estate in Milaca, you'll receive a "Good Faith Estimate" (GFE) of closing costs within three days of submitting your loan application. The estimate is based on the loan officer's past experiences and is required to be within a suitable range so you're not shocked when you arrive at the closing table. We'll be glad to look at the GFE with you, answering your questions and highlighting any estimates in question.

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