Finding the right home at the right price is just one part of a home sale or purchase. COMPASS TEXAS REALTY, L.L.C. is seasoned at assisting both buyers and sellers when it comes to closings. E-mail or call us today at (817)303-2822 if your needs include a real estate pro experienced in the business side of buying and selling.

Anticipated closing costs

There are certain basic fees linked to closing the sale of a house. These fees are usually split between the buyer and seller, as dictated in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in Texas to help lead you through the deal.

Loan-related closing costs    (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 hammer out your sale, I'll not only work to get the highest sales price, but I'll also advocate for limited closing costs. And once we've reached an agreement, I'll describe in detail the closing costs so you know exactly where your money is going.

Buyers: When purchasing real estate in Tarrant 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 a tolerable range so you're not shocked when you get to the closing table. 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.
Chase Bank Bldg., Suite 2020 990 N. Walnut Creek Drive Mansfield, TX 76063
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