16 Items Houston First time Home Buyers Can Expect To Pay at Closing
Design by Diana - Houston First Time Home Buyer Specialist
Hello and welcome to Houston First Time Home Buyers Edition, formally First Home Houston (FHH), where we provide useful information to help Houston first time home buyers make the most informed decision when it comes to buying, decorating, and maintaining their first home.
Congratulations! You did it! You just received final loan approval. Next up, closing disclosure, walk-thru and then closing. Your closing disclosure will list a lot of different items associated with purchasing your home. While some of these fees can be negotiated by either party at the time of the offer, some cannot. Here are 17 items the buyer typically need to pay.
Escrow fees.
Document preparation.
Recording charges for documents related to the transfer of title to the buyer.
Prorated taxes.
Credit report fee.
Appraisal.
Tax service fee.
Loan origination.
Flood certification.
Mortgage insurance premium.
Homeowner’s insurance.
Lender’s title insurance and endorsements.
Record warranty deed.
Homeowners association dues and fees.
Record deed of trust.
Courier fee.
Do keep in mind, once you receive your closing disclosure you can call and speak with, not only your Realtor, but also your loan officer, to get questions and concerns addressed. As always, thank you so much for stopping by.
As always, thank you so much for stopping by. Remember, if you are thinking of purchasing your first home, please contact us. We are here to help. We have been helping Houston first time home buyers since 2011 and we can help you. I hope you have an amazing day. Until next time...Diana
