Fort Lauderdale Homes

Closing Costs


	Finding the right home at the right price is just one aspect of a real estate transaction. One Sotheby's International Realty is experienced at aiding both buyers and sellers when it comes to closings. E-mail or call us today at 954-817-2900 if your needs include a professional REALTOR^® experienced in the business side of real estate.

Anticipated closing costs

There are certain basic fees associated with closing the sale of a house. These fees are commonly 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 lead you through the process.

Loan-related closing costs (Learn more)

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

Insurance fees due at closing (Learn more)

Homeowners Insurance
Flood or Quake Insurance (optional)
Private Mortgage Insurance (PMI) (optional)
Title Insurance

Sellers: As we hammer out your sale, we'll not only work to get the highest sales price, but we'll also campaign for reduced closing costs. And once we've come to an agreement, we'll explain in detail the closing costs so you are informed of exactly where your money is going.

Buyers: If you are purchasing a house in Broward 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 previous experience and is required to be within a suitable range so you're not shocked when you arrive at the closing appointment. We'll be happy to look at the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.