What closing costs should you expect?

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

Closing costs that are loan-related    (Learn more)

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

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

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Learn more)

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

Sellers: As we hammer out your deal, not only will I work to get the optimal sales price, but I'll also advocate for reduced closing costs. And once we've arrived at an agreement, I'll give a detailed list of the closing costs so you are informed of exactly where your money is going.

Buyers: When purchasing a house in Bexar County, you will 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 prior experience and is required to be within an acceptable range so you're not surprised when you get to closing time. I'll be happy to go over the LE with you, answering your questions and highlighting any estimates in question.