Finding the right home at the right price is just one aspect of a real estate transaction. Coral Shores Realty is seasoned at aiding both buyers and sellers when it comes to closings. E-mail or call us today at 954-568-9698 if your needs include a professional REALTOR® ready for the business side of buying and selling.

Closing costs you should expect

There are certain typical fees linked to closing the sale of a house. These expenses are commonly split between the buyer and seller, as spelled out 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 guide you through the deal.

Costs pertaining to your loan to be paid at closing    (Click here for details)

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

Taxes you may be responsible for at closing    (Click here for details)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (Click here for details)

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

Sellers: As we hammer out your sale, not only will I work to get the very best sales price, but I'll also advocate for limited closing costs. And once we've reached an agreement, I'll fully clarify the closing costs so you are informed of exactly what you're paying for.

Buyers: If you're purchasing a home in Broward 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 previous experience and is required to be within an acceptable range so you're not surprised when you reach the closing table. I'll be happy to look at the GFE with you, answering your questions and highlighting any estimates in question.
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