Frosy Trapezountios

Common Taxes and Fees You'll Pay in Houston, TX Property Taxes (Ongoing) Texas has no state income tax, so property taxes are the primary way local governments raise money. In Harris County (where Houston is located), the average property tax rate is about 2.0%"2.3% of your home's value per year. On a $70,000 home, that would be roughly $1,400"$1,610 per year, though this can vary based on exemptions (such as a homestead exemption). Title Insurance In Texas, title insurance rates are set by the state, so they're the same no matter which company you use. On a $70,000 home, expect around $500"$600 for the owner's title policy. Recording and Filing Fees Charged by Harris County to record your deed and related documents. Typically $100"$200. Other Closing Costs These may include loan origination fees (if you're financing), appraisal fees, and escrow fees. Closing costs in Texas usually range between 2%"5% of the purchase price. On a $70,000 home, that's $1,400"$3,500 in total closing costs, though much of this goes to services rather than taxes.

No in Texas, sellers are generally not responsible for major repairs like a broken HVAC system after closing. Once you take possession, the home is sold " as is.aEUR? The only exceptions are if the seller misrepresented the condition or failed to meet specific contract terms.

No, it is not considered rude to attend an open house just to browse. Open houses are designed to attract potential buyers, neighbors, and even the casually curious. Realtors often welcome anyone through the door because it increases exposure for the property. Why It's Acceptable Marketing tool: Sellers and agents host open houses to get as many eyes on the property as possible. Even if you're just browsing, you might know someone who's looking. Learning opportunity: Many future buyers visit open houses before they're ready to purchase, just to get a feel for layouts, prices, and neighborhoods. Networking: Realtors often meet future clients at open houses, so your attendance is usually viewed positively. Etiquette Tips When Browsing Be honest. If asked, let the agent know you're just looking or not yet ready to buy. Respect the home. Don't touch personal items or open closed doors without permission. Keep it brief. Take a quick tour, ask questions if you have them, and thank the agent on the way out.

A private listing (sometimes called a " pocket listingaEUR?) means your home is marketed quietly without being placed on the Multiple Listing Service (MLS). Whether it hurts your sale depends on your goals. Potential Downsides of a Private Listing Reduced exposure: In Houston's competitive real estate market, most buyers search the MLS and major listing sites. Without that exposure, fewer buyers may even know your home is for sale. Lower competition: With fewer buyers, you may miss out on bidding wars that drive up prices. Longer time on market: Homes marketed privately often take longer to sell because of the limited reach. When Private Listings Can Work Privacy concerns: Some sellers prefer discretion, especially with luxury homes or high-profile clients. Exclusive marketing: If your agent has a strong network, they may still find serious buyers without listing publicly. Testing the market: A private listing can allow a seller to quietly gauge interest before going live on the MLS. Houston Market Reality In most cases, especially at price points under $1M, putting your home on the MLS gives you the widest exposure and best chance at top dollar. In a hot market, a private listing could mean leaving money on the table. A private listing can work in unique situations, but for most Houston sellers, it will limit visibility and reduce the pool of potential buyers aEUR" which can hurt your sale price and timeline.