Don't forget to factor in closing costs when considering a home sale or purchase. Washburn Realty Group is experienced at helping both buyers and sellers when it comes to closings. E-mail or call me today at 214.477.1658 if you need a professional REALTOR® experienced in the business side of real estate.

What closing costs should you expect?

There are certain normal costs accompanying closing the sale of a house. These fees are often split 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 lead you through your process.

Costs pertaining to your mortgage to be paid at closing    (Learn more)

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

Taxes you may be responsible for at closing    (Learn more)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (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 very best sales price, but I'll also campaign for lower closing costs. And once we've arrived at an agreement, I'll fully clarify the closing costs so you are aware of exactly where your money is going.

Buyers: If you're purchasing real estate, you'll 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 prior experience and is required to be within a reasonable range so you're not surprised when you get to the closing appointment. I'll be happy to review the GFE with you, answering your questions and highlighting any estimates that are uncertain.

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