Finding the right home at the right price is just one part of a home sale or purchase. Knoxville Home Builders (a division of eRealty Concepts, LLC) is seasoned at helping both buyers and sellers when it comes to closings. E-mail or call us today at (865) 688-9988 if your needs include a real estate pro experienced in the business side of real estate.

Expected closing costs

There are certain expected fees associated with closing the sale of a house. These fees are commonly divided between the buyer and seller, as noted in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in Tennessee to help show you through your transaction.

Loan-related closing costs    (More information)

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

Taxes commonly paid at closing    (More information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (More information)

  • 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 very best sales price, but I'll also advocate for limited closing costs. And once we've reached an agreement, I'll fully explain the closing costs so you are aware of exactly where your money is going.

Buyers: When buying a house in Knox 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 past experiences and is required to be within a suitable range so you're not shocked when you get to the closing appointment. I'll be glad to go over the GFE with you, answering your questions and highlighting any estimates that seem questionable.

Knoxville Home Builders (a division of eRealty Concepts, LLC)
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