What closing costs should you expect?

There are certain expected costs related to closing the sale of a house. These costs are often divided between the buyer and seller, as spelled out 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 guide you through the deal.

Loan-related closing costs (Click here for details)

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

At closing, the following taxes are usually collected (Click here for details)

Property Taxes
Transfer Taxes and Recording Fees

Insurance fees due at closing (Click here for details)

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

Sellers: As we negotiate your deal, not only will I work to get the very best sales price, but I'll also advocate for limited closing costs. And once we've reached an agreement, I'll explain in detail the closing costs so you are aware of exactly what you're paying for.

Buyers: If you're purchasing a house in Travis 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 past experiences and is required to be within an appropriate range so you're not stunned when you reach the closing appointment. I'll be happy to go over the LE with you, answering your questions and highlighting any estimates that are uncertain.