Don't forget to factor in closing costs when considering a home sale or purchase. Ocean Vista Properties Inc is seasoned at helping both buyers and sellers when it comes to closings. E-mail or call us today at 3056489109 if your needs include a real estate pro ready for 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 often divided between the buyer and seller, as noted 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 your transaction.

Closing costs that are loan-related    (More information)

  • 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 negotiate your transaction, I'll not only work to get the highest sales price, but I'll also campaign for reduced closing costs. And once we've arrived at an agreement, I'll fully explain the closing costs so you are aware of exactly where your money is going.

Buyers: When buying real estate in Miami-Dade County, you'll 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 a suitable range so you're not startled when you reach the closing appointment. I'll be glad to look through the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.

Ocean Vista Properties Inc 2828 Coral Way Suite 100 Miami, FL 33145
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