Don't forget to factor in closing costs when considering a home sale or purchase. Priority Business Brokers, LLC is experienced at assisting both buyers and sellers when it comes to closings. E-mail or call us today at 239-417-2333 if your needs include a professional REALTOR® experienced in the business side of buying and selling.

Expected closing costs

There are certain typical fees related to closing the sale of a house. These expenses are commonly split between the buyer and seller, as noted 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 show you through the process.

Loan-related closing costs    (Click here for details)

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

At closing, these taxes are usually paid    (Click here for details)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Click here for 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 highest sales price, but I'll also push for limited closing costs. And once we've reached an agreement, I'll give a detailed list of the closing costs so you are informed of exactly what you're paying for.

Buyers: If you are buying real estate in Collier County, you'll 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 a suitable range so you're not astonished when you reach the closing appointment. I'll be glad to look at the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.

            

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