Closing Costs

 Direct Buy Realty can walk you through closing - 813-445-7296

There are certain typical costs related to closing the sale of a house. These costs are often split between the buyer and seller, as instructed 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 your process.


Costs pertaining to your mortgage to be paid at closing    (More information)

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

Taxes you may be responsible for at closing    (More information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (More information)

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

Sellers: As we negotiate your deal, we’ll not only work to get the highest sales price, but we’ll also campaign for limited closing costs. And once we’ve come to an agreement, we’ll walk you through the closing costs so you are aware of exactly where your money is going.

Buyers: If you’re buying a house in Tampa, you will be given a “Loan Estimate” (LE) of closing costs within three days of submitting your loan application and a “Closing Disclosure” no fewer than three days prior to closing. These estimates are based on the loan officer’s past experiences and are required to be within a reasonable range so you’re not startled when you reach closing time. We’ll be happy to review the estimate with you, answering your questions and highlighting any estimates of concern.

Don’t forget to factor in closing costs when considering a home sale or purchase. Direct Buy Realty is experienced at assisting both buyers and sellers when it comes to closings. E-mail or call me today at 813-445-7296 if your needs include a professional REALTOR® experienced in the business side of real estate.