
	Finding the right home at the right price is just one part of a real estate transaction. Don Thomas Realty Group is seasoned at helping both buyers and sellers when it comes to closings. E-mail or call us today at 972-567-3735 if your needs include a real estate pro experienced in the business side of buying and selling.

What closing costs should you expect?

There are certain standard fees accompanying closing the sale of a house. These costs are often split between the buyer and seller, as spelled out in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in Texas to help guide you through the transaction.

Costs pertaining to your mortgage to be paid at closing (More information)

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

At closing, the following taxes are usually paid (More information)

Property Taxes
Transfer Taxes and Recording Fees

Insurance fees due at closing (More information)

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

Sellers: As we hammer out your deal, not only will I work to get the very best sales price, but I'll also advocate for reduced closing costs. And once we've arrived at an agreement, I'll give a detailed list of the closing costs so you know exactly what you're paying for.

Buyers: If you are purchasing a property in Dallas County, 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 previous experience and is required to be within a suitable range so you're not surprised when you arrive at closing time. I'll be willing to go through the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.