(904) 215-4432

Closing Costs

Anticipated Closing Costs

There are certain basic costs linked to closing the sale of a house. These costs are often divided between the buyer and seller, as directed in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in Florida to help direct you through your process.

Closing costs that are tied to your mortgage

At closing, the following taxes are usually paid

Tax Closing Costs+

Property Taxes

This is the one closing cost that is often prorated between the buyer and seller. If the seller has already paid the annual property taxes, the buyer typically reimburses the seller for the period in which the buyer will be occupying the property. Likewise, if the taxes have not yet been paid, the seller typically reimburses the buyer for the period in which the buyer occupied the property.

Transfer Taxes and Recording Fees

This is the cost for transferring ownership of the property and recording the purchase documents. The fee is often calculated as a percentage of the sales price.

At closing, these fees are often due


As we get through the details of your sale, I'll not only work to get the very best sales price, but I'll also push for reduced closing costs. And once we've come to an agreement, I'll give a detailed list of the closing costs so you are informed of exactly where your money is going.


When buying real estate in Orange Park, you'll 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 previous experience and are required to be within a suitable range so you're not shocked when you show up at closing time. I'll be willing to look over the estimate with you, answering your questions and highlighting any estimates that seem questionable.

Finding the right home at the right price is just one part of a home sale or purchase. The Coffey Group is seasoned at aiding both buyers and sellers when it comes to closings. E-mail or call me today at (904) 215-4432 if your needs include a real estate pro experienced in the business side of buying and selling.

Contact Us

The Coffey Group
1855 Wells Road, Suite 8
Orange Park, FL 32073

Phone: (904) 215-4432
Fax: (904) 215-4661

Copyright © The Coffey Group All Rights Reserved.
Property Management Website powered by Free Rental Site | Sitemap