What Are the Closing Costs for Sellers in New Braunfels, TX?

What are the closing costs for sellers in New Braunfels, TX?

Closing costs for sellers in New Braunfels typically range from 6–10% of the home’s sale price, including Realtor commissions, title fees, prorated property taxes, and other expenses. Cody Posey helps sellers understand these costs upfront so they know exactly what to expect at closing.

What Are Closing Costs?

Closing costs are the fees and expenses due when the home sale is finalized. These costs are separate from the mortgage payoff and include everything from commissions to legal fees. For sellers, closing costs typically fall between 6–10% of the sale price, with the largest portion going to Realtor commissions.

Realtor Commissions

The biggest closing cost for sellers is the real estate commission, which usually ranges between 5–6% of the sale price. This fee is split between the listing agent and the buyer’s agent. For example, on a $400,000 home in New Braunfels, commissions might total $20,000–$24,000.

While this may seem high, working with an experienced Realtor like Cody Posey often leads to faster sales and higher offers, offsetting the commission expense.

Title and Escrow Fees

Title companies in New Braunfels handle the transfer of ownership and ensure the title is clear of liens. Seller costs often include title insurance, escrow fees, and deed recording fees. Title insurance protects the buyer against future claims on the property.

These fees vary depending on the property’s value but generally account for 1–2% of the sale price. Cody works closely with local title companies to ensure these costs are accurately calculated and transparent.

Prorated Property Taxes and HOA Fees

Sellers are responsible for paying property taxes up to the closing date. Taxes are prorated so the buyer covers the portion of the year after they take ownership. In Comal County, the average property tax rate is around 1.54–2% of assessed value.

If your home is part of a homeowners’ association (HOA), you may also need to pay prorated dues, transfer fees, or compliance certificate costs. Neighborhoods like Vintage Oaks, Havenwood, and Mission Hills Ranch often have active HOAs with these requirements.

Other Seller Costs

Other expenses sellers may encounter include:

- **Repairs or Concessions:** If issues arise during inspection, sellers may agree to make repairs or provide credits.
- **Home Warranty:** Some sellers offer a warranty to attract buyers, typically costing $600–$900.
- **Attorney Fees (Optional):** While not required in Texas, some sellers hire attorneys for additional peace of mind.

Example Closing Cost Calculation

Here’s an example breakdown for a $400,000 home in New Braunfels:

- Realtor Commissions (6%): $24,000
- Title and Escrow Fees (1.5%): $6,000
- Property Tax Proration: $3,000 (Depends on How many Days you own the home in a Tax Year)
- HOA Transfer Fee: $500
- Home Warranty: $650
Total Estimated Closing Costs: $34,000 (8.5% of sale price)

How Cody Posey Helps Sellers Plan for Closing Costs

Cody Posey ensures sellers know their estimated net proceeds from the start. He provides a seller’s net sheet, outlining expected costs so clients can make informed decisions. His transparency helps avoid surprises and builds trust throughout the transaction.

By combining his real estate expertise with strong community ties, Cody makes sure sellers understand every line item on their closing statement.

Conclusion: Be Prepared for Closing Costs

Closing costs are an inevitable part of selling a home in New Braunfels, but knowing what to expect makes the process easier. With Realtor commissions, title fees, taxes, and other expenses, most sellers spend 6–10% of the sale price on closing.

When you work with Cody Posey, you’ll have a clear understanding of your costs and net proceeds, giving you confidence as you move forward.