Buying or selling a home can be an exciting and nerve-wracking experience. It’s important to understand the closing costs associated with a Florida home sale transaction so you can plan ahead for them. I'm here to provide insight into some of the common fees and charges that buyers and sellers should expect when going through a real estate agent in Florida. Read on to learn more about closing cost for home buyers and sellers in Florida!

For home buyers, closing costs typically range from two to five percent of the purchase price. This includes both lender fees and third-party cost that you will need to pay up front when closing on the sale. Common items include title insurance, appraisal fees, credit report charges, attorney’s fees and recording fees. It’s important to note that these costs can shift depending on the market conditions in your area so it's best to ask a real estate agent for advice before signing a contract.

Sellers also have their own set of typical closing costs associated with selling their home in Florida. Commission rates for listing agents usually hover around six percent of the final sale price but may be higher or lower depending on factors like the market and the agent’s experience. Other costs include title insurance, transfer taxes, deed preparation fees and any liens or mortgages that may be associated with the property.

When it comes to making sure you are covered on all sides when buying or selling a home in Florida, Hansel Duran is your Realtor of choice. With years of experience helping buyers and sellers throughout the state navigate through closing cost details, he is an expert in understanding what fees to expect and how best to plan for them. So don’t wait—reach out to me today and get ready to close on your next real estate transaction!

Sincerely,

Hansel Duran

SL3358519

954-231-4916

@hanseljduran

www.hanselduran.com

1500 E. Atlantic Blvd, Pompano Beach, FL 33060