Closing Costs, What You Should Expect


Be sure to understand all the ordinary closing costs related to closing the sale of a house. These expenses are usually 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 the transaction.

Loan-related closing costs:    (Details)

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

At closing, these taxes are usually collected:    (Details)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing:    (Details)

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

Buyers: When buying real estate, you will get a "Good Faith Estimate" (GFE) 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 show up at the closing appointment. Your Frontline Florida agent will be glad to review the GFE with you, answering your questions and highlighting any estimates that seem unusual.

If you have any questions about closing costs, please feel free to contact us either by phone: 1-877-438-6815, email:shelley@frontlinefloridarealty.com, or alternately, complete the form below, click submit and one of our agents will get right back to you!

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