Finding the right home at the right price is just one aspect of a real estate transaction. Texas 1% Real Estate is experienced at aiding both buyers and sellers when it comes to closings. E-mail or call us today at (512) 371-5760 if your needs include a professional REALTOR® ready for the business side of real estate.

Anticipated closing costs

There are certain standard costs accompanying closing the sale of a house. These costs are usually 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 lead you through your process.

Closing costs that are tied to your mortgage    (Click here for more information)

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

At closing, the following taxes are usually collected    (Click here for more information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (Click here for more information)

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

Sellers: As we get through the details of your transaction, not only will I work to get the very best sales price, but I'll also advocate for limited closing costs. And once we've reached an agreement, I'll explain in detail the closing costs so you are aware of exactly where your money is going.

Buyers: If you are buying a property in Travis County, you will receive 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 appropriate range so you're not surprised when you show up at the closing appointment. I'll be willing to look through the GFE with you, answering your questions and highlighting any estimates that seem questionable.
* MOL = More or Less

Texas 1% Real Estate 1415 W 51st St Austin, TX 78756-2607
Phone: Fax:

Contact Us | Why Texas 1%? | Current Listings | Privacy Policy | Closing Costs | Real Estate Glossary | Home | Site Map | Contingencies in Contracts | Homeowner Warranties

Copyright © 2012 Texas 1% Real Estate
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin Login| Terms of Use| Site Map
All rate, payment, and area information are estimates and approximations only.