Anticipated closing costs

There are certain typical costs linked to closing the sale of a house. These expenses are usually split between the buyer and seller, as instructed in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in Texas to help lead you through the deal.

Closing costs that are tied to financing    (Click here for more information)

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

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

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (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 sale, I'll not only 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 walk you through the closing costs so you are aware of exactly what you're paying for.

Buyers: If you are purchasing a house in Dallas County, you'll be given a "Loan Estimate" (LE) of closing costs within three days of submitting your loan application. The estimate is based on the loan officer's previous experience and is required to be within an acceptable range so you're not shocked when you show up at closing time. I'll be happy to go over the LE with you, answering your questions and highlighting any estimates that seem questionable.

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