Expected closing costs

There are certain ordinary expenses associated with closing the sale of a house. These fees are commonly divided between the buyer and seller, as directed 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 (More information)

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

At closing, these taxes are usually paid (More information)

Property Taxes
Transfer Taxes and Recording Fees

Insurance fees due at closing (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 deal, I'll not only work to get the highest sales price, but I'll also advocate for limited closing costs. And once we've come to an agreement, I'll explain in detail the closing costs so you know exactly what you're paying for.

Buyers: If you're purchasing a home 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 prior experience and is required to be within an appropriate range so you're not startled when you get to the closing appointment. I'll be happy to review the LE with you, answering your questions and highlighting any estimates that seem off.

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