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Friday, January 6, 2012

Real Estate 101 - Typical Closing Costs

Closing Costs- Florida


Listed below are examples of the standard closing costs associated with the sale of your home.  “B” indicates the standard buyers cost and “S” indicates the standard sellers cost. Each state may have different costs. These are typical Florida Closing Costs.

B      Record Deed $6.00
S      Doc Stamps on Deed $7.00 per thousand (Florida Tax)
B      Record Mortgage $6.00 for first page and $4.50 for each additional page
B      Doc Stamps on Mortgage $3.50 per thousand
B      Intangible Tax on Mortgage $2.50 per thousand
S      Satisfaction of Mortgage $10.50
B      Survey $250.00 and up
B      Termite Inspection $80.00 or more
S      Search Fee $100.00
S      Owners Title (.00575 x the sales price)
B      Mortgage Title Policy $200.00 Simultaneous Issue
B      Various Endorsements $25.00 each
B/S  Closing Fee $200.00 (Split 50/50)
B/S  Title Examination Fee $100.00 (Split 50/50)

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