Finding the right home at the right price is just one aspect of a real estate transaction. Charles Rutenberg Realty LLC is experienced at aiding both buyers and sellers when it comes to closings. E-mail or call us today at (954) 298-1650 if your needs include a professional REALTOR® experienced in the business side of real estate.

Anticipated closing costs

There are certain typical fees accompanying closing the sale of a house. These expenses are commonly divided between the buyer and seller, as dictated 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 lead you through the transaction.

Closing costs that are tied to financing    (Click here for details)

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

At closing, the following taxes are usually paid    (Click here for details)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Click here for details)

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

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

Buyers: If you are purchasing a property in Fort Lauderdale, 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 prior experience and is required to be within an appropriate range so you're not stunned when you get to the closing table. We'll be happy to look at the GFE with you, answering your questions and highlighting any estimates that seem questionable.

Got a Question?

Do you have a question? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.

Your Information
Your Question