Don't forget to factor in closing costs when considering a home sale or purchase. RE/MAX Platinum Realty is seasoned at aiding both buyers and sellers when it comes to closings. E-mail or call me today at 941-929-9090, Ext 195 if your needs include a professional REALTOR® experienced in the business side of buying and selling.

Anticipated closing costs

There are certain normal fees accompanying closing the sale of a house. These costs are commonly split between the buyer and seller, as spelled out 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 guide you through the transaction.

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

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

Taxes commonly paid at closing    (Click here for more information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Click here for more information)

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

Sellers: As we get through the details of your transaction, not only will I work to get the very best sales price, but I'll also push for lower closing costs. And once we've come to an agreement, I'll walk you through the closing costs so you know exactly where your money is going.

Buyers: If you're buying real estate in Sarasota, you'll be given 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 appropriate range so you're not startled when you reach the closing appointment. I'll be willing to look through the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.