Real Estate Closing Costs

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The pages pictured below provide a general idea of closing costs in the Richmond/Central Virginia area*.  Yours may vary depending on the facts. Please note that  more up to date figures as to the attorney’s fees and settlement agent figures in Item C on the first page below can be found here:  Click here for updated attorney’s and settlement agent fees.

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The amounts set forth below may well be slightly out of date.  Settlement costs and expenses have generally increased because of recent inflation.   However the information on the sheets below are useful in terms of providing a checklist of the costs normally incurred by the parties at a real estate closing.  The type of real estate involved (commercial, residential etc), what the real estate contract provides all may change the amounts of some of these line items or eliminate them all together. In short, the information contained below is not binding.  Moreover, we have no control over these costs (other than our attorney’s fees.

To ENLARGE PRINT for EASIER READING    click  Ctrl hold then the plus sign    [ Ctrl and +] Doing so once enlarges.  Doing so two or three times brings page to full size.

NOTE:   Regarding especially item C on the above page, please: .Click here for updated attorney’s and settlement agent fees

Please note that there is an omission on the above page.  Please remember to include (add in) your homeowner’s association and/or condominium dues when figuring your monthly mortgage payment.  This will also be an additional expense to cover when calculating closing escrows.

Please note that there is an omission on the above page as well.  Please remember to include (add in) your homeowner’s association and/or condominium dues when figuring your monthly mortgage payment.  This will also be an additional expense to cover when calculating closing escrows.

 

* The information on this page is designed to provide only general information for the City of Richmond, Virginia and surrounding counties/localities such as Chesterfield, Henrico, Hanover, Powhatan, New Kent, Goochland, Colonial Heights and Hopewell.