TeamDoyla

Closing Fees: What You Need to Know

Closing on a home? It’s more than just signing papers. Let’s break down the key fees you’ll see so you walk into closing informed and ready.

Closing Fee Checklist:
Loan Origination Fee – For processing your mortgage
Appraisal Fee – Confirms your home’s market value
Credit Report Fee – Covers your credit check
Title Search Fee – Ensures the title is legally clean

Other Possible Costs:
Home Inspection – Identifies any hidden issues
Escrow Deposit – For future taxes & insurance
Attorney Fees – Legal guidance during closing
Recording Fees – Documents your ownership

What to Expect:
Closing costs usually range from 2–5% of the home’s price.
Final Walk-Through – Make sure everything’s in place before you sign.
Closing Day Tip: Read every document carefully and ask questions. You deserve to feel confident every step of the way.

With Team Doyla and our in-house attorneys, you’re never in this alone. We’ll help you make sense of the numbers and close with peace of mind.

Ready to get started? Let’s talk.

Did you know that in August, local taxing units across Texas adopt their tax rates for the upcoming year?

Understanding your local tax rates is key to making smart property decisions, whether you're buying, selling, or just planning ahead.

Do you have questions about how these changes might affect your closing or escrow? We are here to help.

Let’s talk property taxes, timelines, and title. Reach out today.

Get to Know Your CUSTOMER Day!

At Team Doyla with Ceshker Law and Title, we believe your dream home is more than an address; it’s a journey. We’re here to guide you every step of the way, from contract to close.

Today, we want to hear from YOU:
What does your dream home look like?
Is it a cozy kitchen for family dinners?
A backyard oasis?
A quiet reading nook?

Drop your dream home must-have in the comments! Let’s get to know each other better and make that dream a reality together.

Because with Team Doyla, your dream home is just a step away.

What is a WIRE

A real estate wire transfer is a method of transferring funds electronically from one bank account to another during a real estate transaction. This is commonly used to send large sums of money, such as the buyer’s down payment or closing costs, to the escrow or title company managing the deal. Wire transfers are popular in real estate because they are fast, secure, and allow for easy tracking.

What is Wire Fraud in Real Estate?

Wire fraud in real estate occurs when scammers intercept or manipulate the wire transfer process to divert funds to their accounts. This usually involves phishing schemes where criminals pose as trusted parties (e.g., real estate agents, escrow officers, or title companies) and send fraudulent emails with fake wiring instructions.

How It Happens:
1. Phishing Emails: Hackers gain access to an email account related to the transaction and monitor communications.
2. Impersonation: They send fraudulent instructions from a look-alike email address.
3. Funds Theft: The buyer unknowingly wires funds to the scammer’s account, often losing the money permanently.

How to Protect Yourself:
1. Verify Wiring Instructions: Always call the escrow or title company using a verified phone number to confirm the wire instructions.
2. Beware of Last-Minute Changes: Be suspicious of emails claiming that wiring instructions have changed.
3. Use Secure Communication: Avoid sharing sensitive information over unsecured emails.
4. Double-Check Details: Confirm the recipient’s account and routing numbers carefully before sending funds.

Understanding these practices can help prevent financial loss and ensure a smooth real estate transaction.