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Whether you’re a first-time seller or you’ve done it a million times, the real estate closing process is always complex. There are a lot of parties involved, including the buyer, the buyer’s real estate agent, lenders, an escrow company, a title company, and sometimes a real estate attorney.
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What is a Real Estate Closing? In Florida, a real estate closing is a settlement and finalization of a real estate sales transaction. For residential real estate, a closing will usually involve the buyer signing things like the home loan documents (i.e mortgage, note, loan disclosures, same name affidavits, etc.) in order to allow the seller to be paid the agreed-upon sales price for the property.
Note: This calculator is meant for estimate purposes only and may not reflect final cost. Settlement fees vary widely by the services provided. Although such may be separately itemized on the closing statement for purposes of the calculator include anticipated wire, courier, eRecording, notary and similar services within the estimate for Total Settlement Fees.