WHAT SHOULD BE KNOWN TO CLOSE THE PURCHASE

I want to give you some essential information about closing costs when buying a home in Florida. It is important that you are aware of these costs in order to be able to deal with them properly. Here is a summary of the details:

🔴 Guarantee Deposit 💰 Varies between 5% and 10% of the purchase price.

🔴 Initial Payment 💸 It can be from 3.5% to more than 20% of the purchase price.

🔴 Home Appraisal 🏠🔍 Required by lender and may incur a fee.

🔴 Home Inspection 🏠🔎 The cost is similar to the appraisal and is generally paid during the inspection.

🔴 Property Taxes 📝💲 They vary according to the local rate and the closing date.

🔴 First Year Homeowners Insurance 🏡🔒 Cost depends on home value, style and location, as well as your credit score.

🔴 Other Closing Costs 💼💲 They include various charges, such as loan authentication, credit report, title insurance, registration taxes, among others.

 

Remember that these expenses can represent between 3% and 4% of the purchase price of the house. Get ready to face them and secure your new home!

if you have any questions or need more information, feel free to contact me. I am here to help you.

Get ready to make the move to your new home in Florida! 🏡💼