
	Finding the right home at the right price is just one part of a real estate transaction. KRI, Inc. is experienced at assisting both buyers and sellers when it comes to closings. E-mail or call us today at 956-687-2700 if your needs include a real estate pro ready for the business side of buying and selling.

What closing costs should you expect?

There are certain expected expenses linked to closing the sale of a house. These costs are usually split 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 lead you through your transaction.

Loan-related closing costs (Learn more)

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

At closing, the following taxes are usually paid (Learn more)

Property Taxes
Transfer Taxes and Recording Fees

At closing, these fees are often due (Learn more)

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 optimal sales price, but I'll also advocate for lower closing costs. And once we've reached an agreement, I'll fully clarify the closing costs so you are informed of exactly what you're paying for.

Buyers: If you are purchasing real estate in Hidalgo County, you'll 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 past experiences and is required to be within a reasonable range so you're not surprised when you reach the closing table. I'll be happy to go through the GFE with you, answering your questions and highlighting any estimates that seem off.