Finding the right home at the right price is just one aspect of a real estate transaction. Danii Sedillo, Keller Williams Realty is experienced at assisting both buyers and sellers when it comes to closings. E-mail or call us today at (915) 929-2755 if your needs include a real estate pro ready for the business side of real estate.

Closing costs you should expect

There are certain ordinary expenses linked to closing the sale of a house. These fees are usually 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 show you through your transaction.

Costs pertaining to your loan to be paid at closing    (Click here for details)

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

At closing, these taxes are usually collected    (Click here for details)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Click here for details)

  • 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 highest sales price, but I'll also campaign 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 are purchasing real estate in El Paso 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 prior experience and is required to be within an appropriate range so you're not stunned when you get to closing time. I'll be happy to go through the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary. d highlighting any estimates that appear to be out of the ordinary.