Don't forget to factor in closing costs when considering a home sale or purchase. Alice Salaices - Realtor is experienced at assisting both buyers and sellers when it comes to closings. E-mail or call me today at (941) 306-3059 if your needs include a professional REALTOR® experienced in the business side of real estate.

Closing costs you should expect

There are certain expected expenses linked to closing the sale of a house. These expenses are usually split between the buyer and seller, as directed in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in Florida to help show you through the transaction.

Costs pertaining to your mortgage to be paid at closing    (Click here for details)

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

Taxes you may be responsible for at closing    (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 get through the details of your deal, I'll not only work to get the optimal sales price, but I'll also advocate for limited closing costs. And once we've reached an agreement, I'll describe in detail the closing costs so you are informed of exactly what you're paying for.

Buyers: If you are buying a house in Sarasota County, you will 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 reasonable range so you're not surprised when you reach closing time. I'll be willing to go over the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.

Today's Rates:

Mtg Loan    Rate  APR
30-yr Fixed3.87%4%
15-yr Fixed3.16%3.33%
1-yr Adj2.78%3.45%
* national averages






Alice Salaices - Realtor 212 Palmero Place Venice, FL 34285
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