Sitemap: Katy, Fort Bend County, Cypress and Sugarland, Texas Real Estate Agent - Kyle Roesler

All agents are NOT alike! Find out why I am a top real estate expert. Call me: 281-732-3254.

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Closing or Settlement >Estimated Closing Costs

There is a federal law that requires mortgage lenders to give prospective buyers an itemized, "good-faith" estimate of their closing costs. Sometimes buyers arrive at the closing with this document in hand and proceed to question each item on the final closing statement that does not match the estimate exactly.

These "good-faith" estimates are just that--estimates. The lender's charges will be fairly accurate, but the charges for attorneys, termite inspections, title insurance, and other items that appear on the closing sheet may vary from the estimate. Some pro-rated items, such as taxes or homeowner's association fees, will also be different if you don't close on the date that was used to calculate the estimate. The purpose of the disclosure law is to give you a ball park figure of your closing costs. But the estimate you are given won't be to the penny--probably not even to the dollar!

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Q	Which metropolitan area in America currently offers the most affordable market in which to buy new homes?
A	The housing market in Youngstown, Warren and Boardman, Ohio is currently the most affordable metro area in the U.S.
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Kyle Roesler, REALTOR®, real estate agent and broker for Katy, Fort Bend County, Cypress and Sugarland Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Kyle Roesler
RE/MAX Cinco Ranch
916 S. Mason
Katy, TX 77450
Office: 281-994-5127
Cell: 281-732-3254
Email: KyleRoesler@remax.net
Web: KyleRemax@yahoo.com

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