All contracts are negotiable. However, these are the typical closing costs associated with selling your home.
Broker Marketing Fee = 6% (3% to Listing Agent / 3% to Buyer Agent)
Owner’s Title Policy = 0.60 - 0.75%
Residential Service Contract = $600
Escrow Fee = $550
State of TX Guaranty Fee = $2
Tax Certificate Fee = $70
Attorney Doc Prep Fee = $200
Courier Fee = $20
HOA Transfer Fee = $200 (If the property is subject to an HOA. This amount varies considerably from association to association.)
Survey = $550 (If you do not have an existing survey.)
Prorated Taxes: Varies based on time of year & tax amount. You are responsible for the property taxes to the day of closing. If you close on June 30, you will pay 50% of one year’s taxes. Most homeowner's escrow taxes. If this is the case, you will receive a refund of your tax escrow within 30 days of closing. This refund is typically greater than the amount you paid at closing.
We are happy to provide a seller’s estimated net proceeds sheet for any prospective contract.