Expected closing costs

There are certain normal fees accompanying closing the sale of a house. These expenses are often divided between the buyer and seller, as noted in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in Texas to help guide you through the transaction.

Loan-related closing costs    (Learn more)

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

At closing, the following taxes are usually collected    (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 negotiate your deal, I'll not only work to get the highest sales price, but I'll also advocate for limited closing costs. And once we've reached an agreement, I'll describe in detail the closing costs so you are aware of exactly where your money is going.

Buyers: If you're buying real estate in Denton County, you will be given 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 surprised when you get to the closing table. I'll be willing to go over the GFE with you, answering your questions and highlighting any estimates that seem unusual.