Anticipated closing costs

There are certain basic costs related to closing the sale of a house. These fees are often split 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 show you through the deal.

Closing costs that are loan-related    (Click here for more information)

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

Taxes commonly paid at closing    (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 negotiate your transaction, I'll not only work to get the very best sales price, but I'll also campaign for limited closing costs. And once we've arrived at an agreement, I'll explain in detail the closing costs so you are informed of exactly what you're paying for.

Buyers: If you are buying real estate in Miami-Dade County, you'll 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 past experiences and is required to be within an acceptable range so you're not startled when you reach closing time. I'll be willing to look through the LE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.

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