Don't forget to factor in closing costs when considering a home sale or purchase. Bo Kinkov William Davis Realty is experienced at assisting both buyers and sellers when it comes to closings. E-mail or call us today at 9722929508 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 ordinary expenses related to closing the sale of a house. These fees are usually divided between the buyer and seller, as instructed 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 your transaction.

Costs pertaining to your loan to be paid at closing    (Details)

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

Taxes commonly paid at closing    (Details)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (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 push for limited closing costs. And once we've arrived at an agreement, I'll give a detailed list of the closing costs so you are informed of exactly what you're paying for.

Buyers: If you are buying a home in Collin 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 a tolerable range so you're not shocked when you get to closing time. I'll be glad to look at the GFE with you, answering your questions and highlighting any estimates that seem questionable.


Bo Kinkov William Davis Realty 8856 Coleman Blvd Frisco, TX 75034
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