Expected closing costs

There are certain expected costs related to closing the sale of a house. These fees are commonly split between the buyer and seller, as directed 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 your deal.

Costs pertaining to your mortgage to be paid at closing    (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 arrived at an agreement, I'll fully clarify the closing costs so you are aware of exactly what you're paying for.

Buyers: If you are buying a home in Bexar 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 surprised when you show up at the closing appointment. I'll be glad to go through the LE with you, answering your questions and highlighting any estimates of concern.