Don't forget to factor in closing costs when considering a home sale or purchase. VIP Realtors is seasoned at aiding both buyers and sellers when it comes to closings. E-mail or call us today at 239-472-5187 x 331 if your needs include a professional REALTOR® experienced in the business side of buying and selling.

What closing costs should you expect?

There are certain standard expenses linked to closing the sale of a house. These expenses are usually divided between the buyer and seller, as directed 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 the deal.

Costs pertaining to your mortgage to be paid at closing    (Learn more)

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

Taxes commonly paid at closing    (Learn more)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Learn more)

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

Sellers: As we hammer out your sale, not only will I work to get the very best sales price, but I'll also push for limited closing costs. And once we've arrived at an agreement, I'll walk you through the closing costs so you know exactly where your money is going.

Buyers: If you are purchasing a house in Lee County, you'll 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 past experiences and is required to be within an appropriate range so you're not astonished when you arrive at the closing appointment. I'll be happy to go through the GFE with you, answering your questions and highlighting any estimates that seem unusual.

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All rate, payment, and area information are estimates and approximations only.