What Sellers Typically Pay at Closing in Texas

When you sell, your closing costs come out of your proceeds. Here is what is usually on a Texas seller's closing statement.

Common seller costs

• Payoff of your mortgage and any home equity loans
• Agent compensation, as agreed in your listing agreement and the contract
• The owner's title policy, if you agree to pay it, which is common in Texas
• Escrow and title fees
• Prorated property taxes up to the closing date
• HOA fees, resale certificate, and transfer fees, if applicable
• Any seller concessions or repair credits agreed in the contract
• Recording fees and document preparation

Property tax proration

In Texas, property taxes are paid in arrears, so at closing you typically pay your share of the year's taxes up to the closing date. Buyers often find this confusing too.

Estimating your net

I give sellers a net sheet that estimates their proceeds at different sale prices. It helps you plan your next move and decide what offers work.

Ways to protect your net

• Price correctly from the start to avoid reductions
• Make smart repairs before listing to reduce negotiation later
• Read offers for total terms, not just price

If you want a net sheet for your home, send me a note and I'll put one together.