Expected closing costs
There are certain ordinary fees related to closing the sale of a house. These expenses are usually split between the buyer and seller, as spelled out in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in Florida to help show you through your transaction.
Loan-related closing costs
(Learn more)
- Points (optional)
- Appraisal Fee
- Credit Report
- Interest Payment
- Escrow Account
Taxes commonly paid at closing (Learn more)
- Property Taxes
- Transfer Taxes and Recording Fees
At closing, these fees are often due (Learn more)
- Homeowners Insurance
- Flood or Quake Insurance (optional)
- Private Mortgage Insurance (PMI) (optional)
- Title Insurance
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Sellers: As we negotiate your sale, I'll not only work to get the optimal sales price, but I'll also campaign for lower closing costs. And once we've come to an agreement, I'll walk you through the closing costs so you are informed of exactly where your money is going.
Buyers: If you're buying a property in Broward County, you will be given a "Loan Estimate" (LE) of closing costs within three days of submitting your loan application. The estimate is based on the loan officer's previous experience and is required to be within a suitable range so you're not astonished when you come to closing time. I'll be glad to go over the LE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary. /Apps/Forms/LeadFormViewer.aspx?FormID=441&GroupID=30541&PageName=ClosingCosts&AWSAccountPageID=30345521&NotificationEmail=