Don't forget to factor in closing costs when considering a home sale or purchase. RE/MAX ACR Elite Realty is experienced at helping both buyers and sellers when it comes to closings. E-mail or call us today at (813) 961-6000 if your needs include a professional REALTOR® ready for the business side of real estate.

Anticipated closing costs

There are certain standard fees linked to closing the sale of a house. These costs are commonly split between the buyer and seller, as noted in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in Florida to help guide you through your deal.

Closing costs that are loan-related    (Click here for details)

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

At closing, these taxes are usually collected    (Click here for details)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (Click here for details)

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

Sellers: As we negotiate your transaction, not only will I work to get the highest sales price, but I'll also push for limited closing costs. And once we've arrived at an agreement, I'll give a detailed list of the closing costs so you are informed of exactly where your money is going.

Buyers: If you're purchasing a property in Hillsborough 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 prior experience and is required to be within a suitable range so you're not astonished when you arrive at closing time. I'll be happy to look through the GFE with you, answering your questions and highlighting any estimates that are uncertain.