Don't forget to factor in closing costs when considering a home sale or purchase. Morton Realty is seasoned at helping both buyers and sellers when it comes to closings. E-mail or call us today at (941) 373-0900 if your needs include a real estate pro ready for the business side of real estate.

What closing costs should you expect?

There are certain expected fees related to closing the sale of a house. These fees are often divided between the buyer and seller, as directed 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 show you through the deal.

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

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

Taxes you may be responsible for at closing    (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 negotiate your sale, I'll not only work to get the optimal sales price, but I'll also push for limited closing costs. And once we've come to an agreement, I'll describe in detail the closing costs so you know exactly where your money is going.

Buyers: If you are purchasing real estate in Sarasota County, you'll 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 a reasonable range so you're not astonished when you come to the closing table. I'll be willing to look through the GFE with you, answering your questions and highlighting any estimates in question.


Morton Realty 1924 S. Osprey Ave #105 Sarasota, FL 34239
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