TEXAS FIVE STAR REALTY

 Info@TexasFiveStarRealty.com

 
214-457-7055

 

 

Texas Real Estate Commission Information About Brokerage Services                       Texas Real Estate Commission Consumer Protection Notice
Dallas homes for sale, Plano homes for sale, Frisco homes for sale, Prosper homes for sale, Allen homes for sale, McKinney homes for sale, Murphy homes for sale, Celina homes for sale, homes for sale

Home

 About Us Buyers Sellers Investors Commercial Relocation Contact Us Lenders Inspectors Titles
Builders Vendors PlaceHolder
Search Properties
Find Your Home's Value
Local Market Snapshots
Local Real Estate Trends
National Market News
Foreclosure vs. Short Sale
Dallas FW City Directories
Dallas FW School Ratings
Dallas FW City Tax Rates
Estimate Closing Cost
Mortgage Calculator
Mortgage Amortization
Green Tax Credit
Types of Loans
Relocation to Texas
Customers vs Clients
Repair Cost vs Value
Rent vs Buy Calculator
Your First Home?
My Blogs
Testimonials
Test Your R. E Knowledge
Property Management
Open House Manager Tool

Estimating Closing Cost in Real Estate Transactions
Disclaimer: Republic Title strongly recommends that you use our Estimated Closing Costs program with a full understanding of how taxes are paid and collected at this time of year. We also highly recommend that rather than only using our program for BUYERS that you consult a mortgage professional for the closest estimate and required pre-paids.
       
Chart is a representation of who customarily pays each cost CASH FHA VA CONVENTION
1.   Down payment  BUYER BUYER BUYER BUYER
2,  Termite (wood Infestation) Inspection BUYER BUYER SELLER BUYER
3    Properly inspection BUYER BUYER BUYER BUYER
4     Property Repairs, if any (negotiable) SELLER SELLER SELLER SELLER
5     New Loan Origination Fee (negotiable)   BUYER BUYER BUYER
6     Document Preparation Fee • Loan Package   BUYER BUYER BUYER
7     Document Preparation Fee - Warranty Deed SELLER SELLER SELLER SELLER
8     Credit Report   BUYER BUYER BUYER
9     Appraisal or Extension Fee (negotiable)   BUYER BUYER BUYER
10. Existing Loan Payoff SELLER SELLER SELLER SELLER
11, Existing Loan Payoff Demand SELLER SELLER SELLER SELLER
12  Prepaid Interest (approximately 30 days)   BUYER BUYER BUYER
13   FHA MIP, VA Funding Fee, PMI Premium   BUYER BUYER BUYER
14. Property Taxes PRORATE PRORATE PRORATE PRORATE
15. Tax Impounds   BUYER BUYER BUYER
16. Tax Service Contract   BUYER SELLER BUYER
17. Fire/Hazard insurance BUYER BUYER BUYER BUYER
18. Flood Insurance   BUYER BUYER BUYER
19. Homeowners Association (HOA) Transfer Fee (negotiable) BUYER BUYER BUYER BUYER
20   HOA Statement of Accounts SELLER SELLER SELLER SELLER
21   Delinquent HOA Assessments SELLER SELLER SELLER SELLER
22   Delinquent Property Taxes SELLER SELLER SELLER SELLER
23, Home Warranty Premium (negotiable) SELLER SELLER SELLER SELLER
24, REALTORS Commissions SELLER SELLER SELLER SELLER
25. Owners Title Policy (negotiable) SELLER SELLER SELLER SELLER
26, Lender's Title Policy and Endorsements   BUYER BUYER BUYER
27. Escrow Fee (NOTE Charge Seller on VA loan) SPLIT SPLIT SELLER SPLIT
28   Recording Fees (Flat Rate) SPLIT SPLIT SPLIT SPLIT
29   Courier/Express Mail Fee SPLIT SPLIT SELLER SPLIT
         
Note Prorated Items will appear on Closing Statement (HUD1) as charges for one and credits for the other
 
The closing costs stated herein are typical for residential closings. The actual closing types and costs will vary
 
 depending upon the circumstances of each individual transaction.         
To get an estimate of closing charges for buyers and/or Sellers please visit :        
 http://www.texasfivestarrealty.com/Estimate_Closing_Cost.asp           

Equal Housing Opportunity Commission Bahman Davani REALTOR

Bahman Davani, CM, RP
Broker/REALTOR®
ABR, GRI, CDPE, SFR,
TAHS, eAgentC, and
CCIM Candidate

Texas Five Star Realty
Office: (214) 457-7055
Cell: (214) 457-7055

Plano, TX 75026-1665

     With the pride of living and working over 44 years in the Dallas/Fort Worth (DFW) areas, I am proud to serve as your  Real Estate Broker and Mortgage Loan Officer. Please keep me in mind should you need any Real Estate and or Mortgage Loan services.

Bahman Davani
Phone: 214-457-7055 
Bahman@TexasFiveStarRealty.com
Bahman@UtopiaMortgage.net

My Blogs:
Subscribe to Bahman Davani FaceBook follow me on Texas Five Star Realty LinkedIn Subscribe to Bahman Davani YouTube See Bahman Davani Pinterest See Bahman Davani Pinterest See Bahman Davani Blogs See Bahman Davani Blogs in ActiveRain See Bahman Davani Blogs in Vimo See Bahman Davani Blogs in Blog.com See Bahman Davani Blogs in SlideShare Texas-Five-Star-Realty-Manta-Badge See Bahman Davani Blogs in WordPress See Bahman Davani Blogs in Blogger
Copyright 2023-2024 Bahman Davani Parliamentary Services' Web Site Developed by We provide a fast and easy solution for your business. By Bahman Davani