Closing Costs Explained for Decatur, Texas First-Time Buyers

Closing Costs Explained for Decatur Texas First-Time Buyers. Purchasing your first home is a landmark event. In Decatur, understanding closing costs is vital. Tomie Fox, the best realtor in Decatur, Texas, with Fox Real Estate Group, offers essential insights to help you.

What are Closing Costs?

Closing costs are various fees associated with buying a home. In Decatur, these typically range from 2% to 5% of the home's purchase price. For a $250,000 home, that means $5,000 to $12,500 in costs.

Key Closing Costs

  1. Title Insurance: Protects against problems with the home's title.
  2. Appraisal Fee: Assesses the home's value.
  3. Loan Origination: Fee for processing your mortgage.
  4. Escrow Fees: Paid to the third party handling the transaction.

Local Factors

Decatur's property taxes and specific community fees can influence closing costs. These elements are part of your final calculation.

Why It's Important

Knowing these costs upfront helps you plan your budget. This preparation avoids surprises during the home buying process.

How Tomie Helps

Tomie Fox, a seasoned real estate agent in Decatur, Texas, guides you through the closing cost maze. She explains each fee and its purpose. Her expertise ensures you understand your total investment.


Closing Costs Explained for Decatur Texas First-Time Buyers. With Tomie Fox’s guidance, understanding closing costs in Decatur becomes straightforward, for first-time buyers. Ready to make your first home purchase? Let Tomie help you navigate the process smoothly and confidently. Her support makes buying your home a more transparent and stress-free experience. Please visit or call your trusted realtor Tomie Fox for all your Real Estate inquiries.