Don't forget to factor in closing costs when considering a home sale or purchase. Danny Hilwa P.A. is seasoned at assisting both buyers and sellers when it comes to closings. E-mail
or call me today at 407-808-5252 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 ordinary fees associated with closing the sale of a house. These expenses are often 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 lead you through the deal.
Costs pertaining to your mortgage to be paid at closing
- Points (optional)
- Appraisal Fee
- Credit Report
- Interest Payment
- Escrow Account
Taxes you may be responsible for at closing (Learn more)
- Property Taxes
- Transfer Taxes and Recording Fees
At closing, these fees are often due (Learn more)
- 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 optimal sales price, but I'll also advocate for lower closing costs. And once we've arrived at an agreement, I'll give a detailed list of the closing costs so you are informed of exactly where your money is going.
Buyers: When buying a home in Orange 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 previous experience and is required to be within a suitable range so you're not shocked when you show up at closing time. I'll be glad to go through the GFE with you, answering your questions and highlighting any estimates that seem questionable.