
	Finding the right home at the right price is just one part of a home sale or purchase. Coldwell Banker Real Estate is experienced at helping both buyers and sellers when it comes to closings. E-mail or call us today at 305-302-6224 if your needs include a real estate pro experienced in the business side of real estate.

What closing costs should you expect?

There are certain normal costs associated with closing the sale of a house. These costs are commonly divided between the buyer and seller, as dictated 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 (More information)

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

At closing, the following taxes are usually paid (More information)

Property Taxes
Transfer Taxes and Recording Fees

At closing, these fees are often due (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 sale, I'll not only work to get the highest sales price, but I'll also campaign for limited closing costs. And once we've reached an agreement, I'll describe in detail the closing costs so you know exactly where your money is going.

Buyers: When buying a property in Miami-Dade County, you will 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 prior experience and is required to be within a tolerable range so you're not surprised when you get to closing time. I'll be willing to go over the GFE with you, answering your questions and highlighting any estimates that seem questionable.