If you’re planning to buy or sell a home in Gaston, Forest Grove, or Yamhill County, it’s important to understand closing costs. These are the fees and expenses—beyond the sale price—that both buyers and sellers need to be prepared for at the end of a real estate transaction.
What Are Closing Costs?
Closing costs include lender fees, title insurance, escrow charges, taxes, and other expenses that are paid at the closing table. In Oregon and Washington, these can range from 2% to 5% of the home’s purchase price.
Common Closing Costs for Buyers
- Loan origination fees
- Appraisal and inspection fees
- Title insurance and escrow fees
- Prepaid property taxes and homeowners insurance
- Recording fees
Common Closing Costs for Sellers
- Real estate agent commission
- Title insurance (owner’s policy)
- Escrow fees
- Outstanding property taxes
- Repairs or credits negotiated during the sale
How to Prepare
Ask your agent or lender for a detailed estimate of closing costs early in the process. In areas like Gaston and Forest Grove, local taxes and fees can vary, so it’s smart to get an accurate breakdown before you get to the finish line.
Have questions about what to expect at closing? I’m here to walk you through every detail and make sure there are no surprises—whether you’re buying or selling in Yamhill County or beyond.
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Robyn Schamberger, Real Estate Broker
www.robynschamberger.com | Facebook | Instagram
