Closing costs you should expect

There are certain typical costs accompanying closing the sale of a house. These expenses are usually divided between the buyer and seller, as noted in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in Florida to help guide you through your process.

Loan-related closing costs    (More information)

  • Points (optional)
  • Appraisal Fee
  • Credit Report
  • Interest Payment
  • Escrow Account

Taxes you may be responsible for at closing    (More information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (More information)

  • Homeowners Insurance
  • Flood or Quake Insurance (optional)
  • Private Mortgage Insurance (PMI) (optional)
  • Title Insurance

Sellers: As we negotiate your transaction, I'll not only work to get the optimal sales price, but I'll also push for lower closing costs. And once we've reached an agreement, I'll describe in detail the closing costs so you know exactly where your money is going.

Buyers: If you are purchasing 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 prior experience and is required to be within an acceptable range so you're not surprised when you come to the closing appointment. I'll be happy to review the LE with you, answering your questions and highlighting any estimates that seem unusual.
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Charles Rutenberg Realty, Fort Lauderdale, The Scott Todd / Mike Imperiale Team