Expected closing costs

There are certain basic fees linked to closing the sale of a house. These costs are usually split 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 lead you through your deal.

Costs pertaining to your loan to be paid at closing (More information)

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

Taxes commonly paid 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 hammer out your sale, I'll not only work to get the optimal sales price, but I'll also push for reduced closing costs. And once we've come to an agreement, I'll describe in detail the closing costs so you are aware of exactly where your money is going.

Buyers: If you're buying a home 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 previous experience and is required to be within a suitable range so you're not startled when you come to the closing appointment. I'll be willing to look through the LE with you, answering your questions and highlighting any estimates of concern.

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