Home Buying in Florida>Question Details

Nerding, Home Buyer in

What would the closing costs be for a buyer in florida. Assume no mortgage and a $200,000 condo.

Asked by Nerding, Mon Jan 14, 2008

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No mortgage and a $200K property price - where the seller agrees to pay the owner's title insurance - means you'll pay aprox $300 to $500 for processing the closing. If you wire the money in to the title company from your account you'll pay a wire fee +/- $25. Get a quote from the title company. But this should be it and you should be able to get your owner's title policy same day. The seller will pay the stamps on the deed and the recording of the deed and any fees charged for payoffs of their current obligations on the property (couriers or wires).

Most fees on the buyer's side of the equation are for lender related fees and the processing of the lender documents.
0 votes Thank Flag Link Mon Jan 14, 2008
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