Don't forget to factor in closing costs when considering a home sale or purchase. Harrell & Associates Real Estate is experienced at assisting both buyers and sellers when it comes to closings. E-mail
or call us today at 512-556-3131 if your needs include a real estate pro experienced in the business side of real estate.
Anticipated closing costsThere are certain basic costs related to closing the sale of a house. These expenses are usually split 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 guide you through the deal.
- Points (optional)
- Appraisal Fee
- Credit Report
- Interest Payment
- Escrow Account
- Property Taxes
- Transfer Taxes and Recording Fees
- Homeowners Insurance
- Flood or Quake Insurance (optional)
- Private Mortgage Insurance (PMI) (optional)
- Title Insurance
Sellers: As we negotiate your deal, not only will we work to get the optimal sales price, but we'll also advocate for lower closing costs. And once we've arrived at an agreement, we'll fully explain the closing costs so you are informed of exactly where your money is going.
Buyers: If you're buying real estate in Lampasas, 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 appropriate range so you're not startled when you get to the closing appointment. We'll be happy to look over the GFE with you, answering your questions and highlighting any estimates in question.