There are certain basic costs related to closing the sale of a home. These fees are commonly divided between the buyer and seller, as directed 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 guide you through your deal.
Closing costs that are tied to financing
- Points (optional)
- Appraisal Fee
- Credit Report
- Interest Payment
- Escrow Account
At closing, the following taxes are usually paid (Details)
- Property Taxes
- Transfer Taxes and Recording Fees
At closing, these fees are often due (Details)
- Homeowners Insurance
- Flood or Quake Insurance (optional)
- Private Mortgage Insurance (PMI) (optional)
- Title Insurance
Sellers: As we hammer out your sale, not only will we work to get the very best sales price, but we'll also push for lower closing costs. And once we've come to an agreement, we'll walk you through the closing costs so you are aware of exactly what you're paying for.
Buyers: If you are purchasing a house in Pembroke Pines, you'll get a "Loan Estimate" (LE) of closing costs within three days of submitting your loan application and a "Closing Disclosure" no fewer than three days prior to closing. These estimates are based on the loan officer's previous experience and are required to be within an acceptable range so you're not startled when you get to closing time. We'll be happy to look through the estimate with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.
Finding the right home at the right price is just one part of a home sale or purchase. LMG Realty, Inc is seasoned at aiding both buyers and sellers when it comes to closings. E-mail
or call me today at 954-885-4990 if your needs include a real estate pro ready for the business side of buying and selling.