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Closing Costs

Finding the right home at the right price is just one aspect of a real estate transaction. G World Properties is experienced at helping both buyers and sellers when it comes to closings.

Expected closing costs

There are certain expected expenses associated with closing the sale of a house. These fees are commonly split 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 guide you through your deal.

Sellers:

As we get through the details of your transaction, not only will I work to get the optimal sales price, but I'll also push for limited closing costs. And once we've reached an agreement, I'll walk you through the closing costs so you are informed of exactly where your money is going.

Buyers:

If you are buying a house in Orange County, you will receive 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 an appropriate range so you're not astonished when you get to the closing table. I'll be glad to go over the GFE with you, answering your questions and highlighting any estimates that are uncertain.

Closing costs that are tied to your mortgage

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  • Points (optional)

  • Appraisal Fee

  • Credit Report

  • Interest Payment

  • Escrow Account

At closing, these taxes are usually paid

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  • Property Taxes

  • Transfer Taxes and Recording Fees

At closing, these fees are often due 

  • Homeowners Insurance

  • Flood or Quake Insurance (optional)

  • Private Mortgage Insurance (PMI) (optional)

  • Title Insurance