407-380-6363 Orlando and I'll help you comprehend all the expenses and identify any inaccuracies.
407-380-6363 There are certain typical costs accompanying closing the sale of a house. These expenses are commonly divided between the buyer and seller, as directed 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 show you through the transaction.
Loan-related closing costs
- Points (optional)
- Appraisal Fee
- Credit Report
- Interest Payment
- Escrow Account
At closing, the following taxes are usually paid (Details)
- Property Taxes
- Transfer Taxes and Recording Fees
At closing, these fees are often due (Details)
- Homeowners Insurance
- Flood or Quake Insurance (optional)
- Private Mortgage Insurance (PMI) (optional)
- Title Insurance
As we get through the details of your transaction, I'll not only work to get the optimal sales price, but I'll also push for lower closing costs. And once we've come to an agreement, I'll fully explain the closing costs so you are informed of exactly what you're paying for.
If you are purchasing a home in Orange 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 prior experience and is required to be within a reasonable range so you're not shocked when you reach the closing appointment. I'll be glad to review the GFE with you, answering your questions and highlighting any estimates that seem unusual.