Finding the right home at the right price is just one part of a real estate transaction. The Chenore Real Estate Group @ Coldwell Banker is experienced at aiding both buyers and sellers when it comes to closings. E-mail or call us today at 954-252-2974 if your needs include a professional REALTOR® experienced in the business side of real estate.

Anticipated closing costs

There are certain standard expenses accompanying closing the sale of a house. These expenses are often divided between the buyer and seller, as instructed 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 process.

Costs pertaining to your mortgage to be paid at closing    (Click here for details)

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

Taxes commonly paid at closing    (Click here for details)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (Click here for details)

  • 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 optimal sales price, but I'll also campaign for lower closing costs. And once we've reached an agreement, I'll fully clarify the closing costs so you know exactly what you're paying for.

Buyers: When purchasing a house in Broward 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 previous experience and is required to be within a tolerable range so you're not stunned when you arrive at the closing table. I'll be willing to look over the GFE with you, answering your questions and highlighting any estimates that are uncertain.


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