Closing costs you should expect

There are certain expected fees linked to closing the sale of a house. These costs are often divided 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 show you through the process.

Closing costs that are tied to financing    (Details)

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

At closing, the following taxes are usually paid    (Details)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (Details)

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

Sellers: As we negotiate your sale, I'll not only work to get the optimal sales price, but I'll also campaign for lower closing costs. And once we've arrived at an agreement, I'll explain in detail the closing costs so you are informed of exactly where your money is going.

Buyers: If you are buying a property in Bexar County, you'll receive 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 a reasonable range so you're not shocked when you reach the closing table. I'll be glad to look over the LE with you, answering your questions and highlighting any estimates that seem unusual.