Finding the right home at the right price is just one part of a real estate transaction. Jamie Engel, Realtor is seasoned at helping both buyers and sellers when it comes to closings. E-mail or call us today at (305) 289-6634 if your needs include a real estate pro ready for the business side of buying and selling.

What closing costs should you expect?

There are certain ordinary costs linked to closing the sale of a house. These expenses are commonly 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 lead you through your deal.

Costs pertaining to your mortgage to be paid at closing    (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 get through the details of your deal, 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 arrived at an agreement, I'll describe in detail the closing costs so you know exactly where your money is going.

Buyers: When purchasing a home in Monroe 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 a suitable range so you're not shocked when you show up at the closing table. I'll be happy to review the GFE with you, answering your questions and highlighting any estimates in question.

 

Jamie Allen Engel | 
Jamie Allen Engel









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All information provided on this site is deemed reliable but is not guaranteed.  The listings on this site are displayed courtesy of the IDX program of Florida Keys MLS, Inc. and may not be the listings of the site owner.


Jamie Engel, Realtor Coldwell Banker Schmitt Real Estate Co - 85996 Overseas Highway Islamorada, FL 33036
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