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Don't forget to factor in closing costs when considering a home sale or purchase. Accent Real Estate Pros, Inc. is seasoned at aiding both buyers and sellers when it comes to closings. E-mail or call us today at (727) 345-3000 if your needs include a real estate pro experienced in the business side of buying and selling.
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What closing costs should you expect?
There are certain ordinary costs related 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 customary, but there are nuances to each, so you'll want a real estate expert in Florida to help guide you through the process.
Costs pertaining to your loan to be paid at closing
(Details)
- Points (optional)
- Appraisal Fee
- Credit Report
- Interest Payment
- Escrow Account
Taxes commonly paid at closing (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
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Sellers: As we negotiate your deal, I'll not only work to get the highest sales price, but I'll also push for lower closing costs. And once we've reached an agreement, I'll describe in detail the closing costs so you know exactly what you're paying for.
Buyers: When purchasing a property in Pinellas County, you'll 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 an acceptable range so you're not startled when you arrive at closing time. I'll be glad to go over the GFE with you, answering your questions and highlighting any estimates that seem questionable.
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