
	Finding the right home at the right price is just one aspect of a real estate transaction. Florida Realty of Miami is seasoned at assisting both buyers and sellers when it comes to closings. E-mail or call us today at 305 527 4341 if your needs include a professional REALTOR^® experienced in the business side of real estate.

Expected closing costs

There are certain standard fees related to closing the sale of a house. These fees are often split between the buyer and seller, as dictated 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 the deal.

Closing costs that are loan-related (Learn more)

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

At closing, these taxes are usually collected (Learn more)

Property Taxes
Transfer Taxes and Recording Fees

At closing, these fees are often due (Learn more)

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

Sellers: As we negotiate your deal, not only will I work to get the highest sales price, but I'll also advocate for reduced closing costs. And once we've reached an agreement, I'll fully explain the closing costs so you are informed of exactly what you're paying for.

Buyers: When purchasing a property in Miami-Dade 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 past experiences and is required to be within a reasonable range so you're not stunned when you arrive at the closing table. I'll be happy to look over the GFE with you, answering your questions and highlighting any estimates in question.