Finding the right home at the right price is just one part of a real estate transaction. The Shirley Group Real Estate Brokerage is seasoned at assisting both buyers and sellers when it comes to closings. E-mail or call us today at 817-838-6276 if your needs include a real estate pro experienced in the business side of buying and selling.

Closing costs you should expect

There are certain basic costs accompanying closing the sale of a house. These fees are often split between the buyer and seller, as spelled out 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.

Closing costs that are tied to financing    (More information)

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

At closing, these taxes are usually collected    (More information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (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, I'll not only work to get the highest sales price, but I'll also advocate for lower closing costs. And once we've arrived at an agreement, I'll describe in detail the closing costs so you are aware of exactly what you're paying for.

Buyers: If you are purchasing real estate in Tarrant County, 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 astonished when you show up at the closing table. I'll be glad to look through the GFE with you, answering your questions and highlighting any estimates that seem off.