Finding the right home at the right price is just one part of a real estate transaction. DFW Home Team is seasoned at helping both buyers and sellers when it comes to closings. E-mail
or call us today at (817) 233-4092 if your needs include a real estate pro ready for the business side of real estate.
Anticipated closing costsThere are certain expected fees linked to closing the sale of a house. These fees are commonly divided between the buyer and seller, as dictated 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 direct you through your process.
Loan-related closing costs (Details)
- Points (optional)
- Appraisal Fee
- Credit Report
- Interest Payment
- Escrow Account
Taxes you may be responsible for at closing (Details)
- Property Taxes
- Transfer Taxes and Recording Fees
At closing, these fees are often due (Details)
- Homeowners Insurance
- Flood or Quake Insurance (optional)
- Private Mortgage Insurance (PMI) (optional)
- Title Insurance
Sellers: As we negotiate your transaction, we'll not only work to get the optimal sales price, but we'll also campaign for limited closing costs. And once we've come to an agreement, we'll give a detailed list of the closing costs so you know exactly where your money is going.
Buyers: When purchasing a house in Tarrant 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 stunned when you get to the closing appointment. We'll be willing to look through the GFE with you, answering your questions and highlighting any estimates that seem questionable.