Expected closing costs

There are certain basic fees accompanying closing the sale of a house. These costs are often divided between the buyer and seller, as instructed 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 your transaction.

Closing costs that are tied to your mortgage    (Details)

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

At closing, these taxes are usually paid    (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

Sellers: As we hammer out your deal, I'll not only work to get the optimal sales price, but I'll also advocate for lower closing costs. And once we've come to an agreement, I'll describe in detail the closing costs so you are informed of exactly where your money is going.

Buyers: If you are purchasing a home in Broward County, you will 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 prior experience and is required to be within a suitable range so you're not astonished when you get to the closing appointment. I'll be glad to look through the LE with you, answering your questions and highlighting any estimates of concern.

CRR-Marshall Minotto

Biggest Guys In Real Estate

2201 W Prospect Rd Suite 200
Fort Lauderdale, FL 33309