Albuquerque Homes for Sale 

Don't forget to factor in closing costs when considering a home sale or purchase. Signature Southwest Properties is experienced at aiding both buyers and sellers when it comes to closings. E-mail or call us today at 505-332-8838 if your needs include a real estate pro ready for the business side of buying and selling.

Anticipated closing costs

There are certain typical fees linked to closing the sale of a house. These costs are often split between the buyer and seller, as noted in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in New Mexico to help show you through the deal.

Costs pertaining to your loan to be paid at closing    (Learn more)

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

At closing, the following taxes are usually collected    (Learn more)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (Learn more)

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

Sellers: As we hammer out your transaction, not only will I work to get the highest sales price, but I'll also advocate for lower closing costs. And once we've arrived at an agreement, I'll walk you through the closing costs so you are aware of exactly where your money is going.

Buyers: If you are purchasing a home in Bernalillo County, you will get 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 tolerable range so you're not shocked when you come to closing time. I'll be glad to look at the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.


Signature Southwest Properties 6745 Academy NE Suite C Albuquerque, NM 87109
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