What closing costs should you expect?

There are certain ordinary expenses related to closing the sale of a house. These fees are often split between the buyer and seller, as spelled out in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in Florida to help guide you through your process.

Costs pertaining to your mortgage to be paid at closing (Click here for more information)

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

At closing, the following taxes are usually collected (Click here for more information)

Property Taxes
Transfer Taxes and Recording Fees

Insurance fees due at closing (Click here for more information)

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

Sellers: As we get through the details of your transaction, not only will I work to get the very best sales price, but I'll also advocate for reduced closing costs. And once we've arrived at an agreement, I'll give a detailed list of the closing costs so you are informed of exactly where your money is going.

Buyers: When purchasing a property in Miami-Dade County, you'll get a "Loan Estimate" (LE) of closing costs within three days of submitting your loan application. The estimate is based on the loan officer's past experiences and is required to be within an appropriate range so you're not surprised when you come to closing time. I'll be willing to go over the LE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.

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