Sellers: As we negotiate your transaction, we'll not only work to get the very best sales price, but we'll also campaign for reduced closing costs. And once we've come to an agreement, we'll walk you through the closing costs so you are informed of exactly what you're paying for. Buyers: When buying real estate in Houston, you'll be given 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 prior experience and is required to be within an appropriate range so you're not shocked when you get to closing time. We'll be glad to look at the GFE with you, answering your questions and highlighting any estimates that seem questionable.
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