Finding the right home at the right price is just one part of a real estate transaction. Gainco Realty is seasoned at helping both buyers and sellers when it comes to closings. E-mail or call us today at 843-332-0561 if your needs include a professional REALTOR® ready for the business side of real estate.

What closing costs should you expect?

There are certain basic fees linked to closing the sale of a house. These expenses are commonly divided between the buyer and seller, as spelled out in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in South Carolina to help lead you through your deal.

Closing costs that are loan-related    (More information)

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

Taxes you may be responsible for at closing    (More information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (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 I work to get the highest sales price, but I'll also push for lower closing costs. And once we've reached an agreement, I'll give a detailed list of the closing costs so you are informed of exactly where your money is going.

Buyers: If you're purchasing a property in Darlington County, you will 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 prior experience and is required to be within a suitable range so you're not surprised when you come to the closing table. I'll be glad to go over the GFE with you, answering your questions and highlighting any estimates that seem questionable.

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