Don't forget to factor in closing costs when considering a home sale or purchase. Main Street Properties is seasoned at helping both buyers and sellers when it comes to closings. E-mail or call us today at 850-712-4935 if your needs include a real estate pro ready for the business side of buying and selling.

Anticipated closing costs

There are certain basic costs associated with closing the sale of a house. These expenses are commonly divided between the buyer and seller, as spelled out 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 your deal.

Loan-related closing costs    (Click here for more information)

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

At closing, the following taxes are usually paid    (Click here for more information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Click here for more information)

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

Sellers: As we get through the details of your sale, I'll not only work to get the very best sales price, but I'll also push for reduced closing costs. And once we've reached an agreement, I'll walk you through the closing costs so you know exactly what you're paying for.

Buyers: When purchasing a home in Escambia County, you will be given 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 surprised when you get to the closing appointment. I'll be happy to look over the GFE with you, answering your questions and highlighting any estimates of concern.

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