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Don't forget to factor in closing costs when considering a home sale or purchase. M.A.F. Realty, Inc. is experienced at aiding both buyers and sellers when it comes to closings. E-mail or call us today at 954-442-2444 if your needs include a real estate pro experienced in the business side of buying and selling.
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Expected closing costs
There are certain typical expenses associated with closing the sale of a house. These costs are commonly divided 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 your transaction.
Loan-related closing costs
(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
Insurance fees due at closing (Learn more)
- Homeowners Insurance
- Flood or Quake Insurance (optional)
- Private Mortgage Insurance (PMI) (optional)
- Title Insurance
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Sellers: As we get through the details of your sale, I'll not only work to get the very best sales price, but I'll also advocate for lower closing costs. And once we've come to an agreement, I'll give a detailed list of the closing costs so you are informed of exactly where your money is going.
Buyers: When buying real estate in Martin County, you will receive 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 an acceptable range so you're not surprised when you arrive at the closing table. I'll be willing to go over the GFE with you, answering your questions and highlighting any estimates of concern.
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M.A.F. Realty, Inc. 2293 SW Martin Highway #275 Palm City, FL 34990
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