Closing Costs in Texas: What to Know

closing costs in texas
Closing Costs in Texas: What to Know

Closing costs in Txas can be a source of confusion for many people who are in the process of buying or selling a home. These costs are the fees that must be paid at the closing table, and they can vary depending on where you live. In this article, we will take a closer look at what closing costs are all about, who pays for them, and how you can potentially avoid some of these costs.

What Exactly Are Closing Costs in Texas?

Closing costs are the fees that must be paid at the time of closing on a home. These fees are in addition to the purchase price of the home and can include a variety of expenses. Some common examples of these costs include:

• Notary fees

• Transfer costs

• Transfer taxes

• Appraisal costs

• Inspection fees

• Origination fees

• Recordings fees

• Title insurance

• Underwriting fees

• Bank fees

• Courier fees

• Wire transfer fees

Liens against the home that need to be paid to clear the title

• Credit report fees

• Administrative fees

• Attorney fees (if applicable)

• The balance of your mortgage or loans against the home

• Possibly repairs or pest control if previously agreed upon

• Commissions for real estate agents

Who Pays for It?

Traditionally, the buyer pays for the majority of it. However, the seller may be responsible for paying certain fees, such as the commission for the real estate agents involved in the transaction. This commission typically accounts for 6% or more of the final sale price and is the biggest cost associated with closing costs.

Negotiating the other costs during the sale process is becoming more popular. In an effort to attract more buyers, sellers are more frequently offering to pay the closing costs. As a seller, you will also need to pay your share of the year’s property tax, up until the day of closing. Any homeowner association (HOA) fees or other community costs should also be prorated and paid at this time.

What Are Seller Subsidies?

Seller subsidies are a percentage of the closing costs that the seller agrees to pay. This is an amount negotiated between the buyer and seller, and it can help to relieve some of the costs for the buyer. For example, a seller may agree to pay $3,000 towards closing costs to make the transaction more appealing to the buyer. Paying these subsidies is often a small price to pay to bring buyers to the table.

Can You Avoid Closing Costs?

One way to potentially avoid some costs is to work with a direct buyer who will pick up all the costs associated with the closing. A direct buyer is not a real estate agent, and therefore, will not charge a commission. Many times, direct buyers will offer to pick up all costs, which can save you money and hassle at the closing table. This can be an attractive option for sellers who want to avoid paying a commission or for buyers who want to reduce their closing costs.

Are Repairs Included?

The question of whether repairs are included is one that is negotiated between the buyer and seller. If the home is in need of obvious repairs, the seller will often take care of these before putting their home on the market. However, if an inspection shows that additional repairs are needed, a buyer may make his offer contingent on repairs being made. A buyer and seller can work this out before going to closing.

In conclusion, closing costs can be a significant expense when buying or selling a home. It is important to understand what these costs are, who is responsible for paying them, and how to potentially avoid some of these costs. By working with a direct buyer or negotiating with the other party involved in the transaction, you can save yourself money and ensure a smoother closing process.


You can avoid closing costs by selling directly to a house buyer like us from TMC Property Solutions. One of the main benefits of selling your house to a real estate investor like TMC Property Solutions is that you can enjoy a fast and hassle-free sale. We can make a cash offer on your property, allowing you to bypass the lengthy and uncertain traditional home-selling process. This means that you can receive a fair and competitive offer for your house within days, and close the sale in as little as a week.

Additionally, we can purchase your property in its current condition, meaning you won’t have to spend time and money on costly repairs or renovations. As experienced investors, we have seen all types of properties and can see the potential in your house even if it needs some work. This can save you time, money, and stress, and allow you to move on to your next adventure sooner.

Another benefit of selling your house to TMC Property Solutions is that you won’t have to worry about real estate agent fees or closing costs. We cover all of these expenses, allowing you to keep more money in your pocket.

Ultimately, selling your house to us as a real estate investor can be a smart and stress-free way to get a fair price for your property quickly and easily. If you’re interested in learning more about how I can help you sell your house, please don’t hesitate to contact me. We look forward to working with you!

At TMC Property Solutions, you can speak with a seasoned investor without making any commitments; we can help you overcome obstacles. Why not sell your house directly to TMC Property Solutions and save yourself time, stress, and money? We put in a lot of effort every day to help homeowners, and when you sell your North Texas property to us, there are no commissions, closing costs, or other hidden costs and you can close within a few days or on a date of your choice.

If we can’t help you, we probably know someone who can, so give us a call today.

If you’re ready to sell your house fast in North Texas, don’t wait any longer. Call us anytime at (817) 550-5069 Opt# 4 or connect with us on our website. Our team of experts is ready to discuss all of your options with no obligation. We’re here to help you navigate the complex process of selling your home quickly and hassle-free. Don’t miss out on the opportunity to get cash for your home fast – contact us today!

To receive your no-obligation offer, take a minute to answer a couple of easy questions below on our short form, and we’ll be back in touch with you shortly.

TMC Property Solutions is a veteran-owned and family-run business and has been helping families for 20+ years “Sell your house fast in Texas“, providing solutions that work.

Check out TMC Property Solutions on Google today to see what others say about us and our services.  We are an accredited business, an A+ rated member of the Fort Worth BBB.

Call the rest, then call the BEST Today – TMC Property Solutions!

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