FamilyGirl, Both Buyer and Seller in Seminole, FL

(Pinellas County, FL) How much are closing costs for the seller usually, not including prorated taxes and

Asked by FamilyGirl, Seminole, FL Sat Oct 4, 2008

insurance (both will have already been taken care of by time of sale for this year)?

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Two of the most expensive Seller costs in Pinellas County are Title Insurance and State Doc Stamps (0.7% of the sale price). Other costs can be for an estoppel letter from a Condo Assn or HOA, title company fees, VA non-allowables if your buyer is getting a VA loan and the list goes on... Your Realtor can give you a breakdown of estimated costs. If you're selling FSBO, contact the title company you have chosen (Sellers normally chose the title company) to close the transaction. If you contractually allowed the buyer to select the title company, contact that title company for a copy of the Preliminary HUD-1.

Hope this helps.

All my best,
Alma
Alma Rose Kee, P.A.
http://www.SoldOnTampa.com
813.244.9898
1 vote Thank Flag Link Sun Oct 5, 2008
The closing costs are prorated property taxes, deed preperation (usually $125-150), courier fees to pay off mortgage (50), registry of deeds fee to record mortgage payoff (50). then it could be real estate commission and if there is a state transfer tax.
Web Reference: http://www.ScottSellsNH.com
1 vote Thank Flag Link Sat Oct 4, 2008
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