Finding the right home at the right price is just one aspect of a home sale or purchase. Watson Realty Corp. is experienced at aiding both buyers and sellers when it comes to closings. E-mail
or call me today at (904) 716-1713 if your needs include a professional REALTOR®
experienced in the business side of real estate.
What closing costs should you expect?
There are certain basic costs associated with closing the sale of a house. These costs are usually split between the buyer and seller, as spelled out 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 process.
Costs pertaining to your mortgage to be paid at closing
- Points (optional)
- Appraisal Fee
- Credit Report
- Interest Payment
- Escrow Account
At closing, these 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 hammer out your transaction, not only will I work to get the highest sales price, but I'll also advocate for lower closing costs. And once we've reached an agreement, I'll explain in detail the closing costs so you know exactly what you're paying for.
Buyers: If you're purchasing a home in Ponte Vedra Beach, 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 past experiences and is required to be within an acceptable range so you're not shocked when you reach the closing table. I'll be willing to go through the GFE with you, answering your questions and highlighting any estimates that are uncertain.