Posts with tag 'Closing Costs'
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How to Protect Yourself From Phishing Scams
When you're buying a home, you often have a full to-do list. You have to arrange financing for your new home and get your old property prepared to sell or move out of. It's likely that you have multiple things demanding your attention; this, unfortunately, can make you susceptible to phishing scams.
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Don't Be Suprised By Closing Costs
Transferring the ownership of a home at closing can be confusing. Even though real estate closings take place daily, the paperwork and costs that ensure that your property transfers legally can often be met with surprises if you're not prepared.
Our real estate agents are here with an explanation of what costs to expect at closing so you are not caught by surprise.
Closing Costs: No Surprises
In any real estate transaction, buyers and sellers should understand each closing cost component before coming to the signing. Some items can be negotiated before the closing to determine who pays.
Typical costs that may appear on your real estate closing statement are:
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Selling Your Home? Don't Be Surprised by Closing Costs
Selling your home can be a profitable venture, particularly if you invested a large down payment, have built up equity, updated the home as needed, and have benefited from rising market values here in Florida. But it isn't as simple as getting a check from the buyer, paying off what you owe and pocketing the rest. There are costs associated with selling, and it's important to familiarize yourself with them so that there are no surprises at the closing table.
Most of a seller's closing costs are based on the sales price of the home, and some costs may vary depending on where you live. Our REALTORS® can help you estimate costs based on an expected sales price. Doing those calculations at the start of your sales process will help you evaluate offers with complete information. Here's a list of typical closing costs for sellers: