Closing costs you should expectThere are certain basic expenses accompanying closing the sale of a house. These expenses are often divided between the buyer and seller, as spelled out 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 direct you through the process.
Costs pertaining to your loan to be paid at closing (Learn more)
At closing, these taxes are usually paid (Learn more)
Insurance fees due at closing (Learn more)
Sellers: As we negotiate your transaction, not only will I work to get the highest sales price, but I'll also advocate for reduced closing costs. And once we've arrived at an agreement, I'll describe in detail the closing costs so you are informed of exactly where your money is going.
Buyers: If you're buying a property in the Austin area, you will get a "Good Faith Estimate" (GFE) 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 arrive at the closing appointment. I'll be glad to look over the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.