Don't forget to factor in closing costs when considering a home sale or purchase. REMAX Heart of Texas, REALTORS is seasoned at aiding both buyers and sellers when it comes to closings. E-mail or call us today at (512) 794-9292 if your needs include a professional REALTOR® ready for the business side of real estate.

Anticipated closing costs

There are certain expected fees linked to closing the sale of a house. These expenses are commonly divided between the buyer and seller, as dictated in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in Texas to help guide you through your process.

Loan-related closing costs    (Click here for more information)

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

At closing, these taxes are usually paid    (Click here for more information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (Click here for 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 deal, not only will I work to get the very best sales price, but I'll also campaign for limited closing costs. And once we've come to an agreement, I'll fully explain the closing costs so you know exactly where your money is going.

Buyers: If you are buying a home in Travis County, you'll be given 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 startled when you reach the closing table. I'll be glad to review the GFE with you, answering your questions and highlighting any estimates that seem unusual.

                                     

Heart of Texas             

 


Don Carr,ABR,GRI,REALTOR REMAX,Heart of Texas,REALTORS 3921 Steck Avenue Suite A110 Austin, TX 78759
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