Selling Your Home? Remember To Include Your Closing Costs In Your Calculations

So, you have decided to take advantage of the seller’s market to sell your home.  When calculating what your proceeds will be, remember to take into account your closing costs, which will run between 6 and 7 percent of your contracted sales price.

TYPICAL SELLER’S EXPENSES

 

Courier (federal express)

 

Documentary Stamps on the Deed: $.60 per $100.00 of sales price (Miami-Dade County only)

 

$.70 per $100.00 of sales price (all of the other counties in Florida)

 

E-recording fee: $4.00 per instrument to be recorded

 

Flat Fee Commission ($250.00 EWM Realtors)

 

Lien Search

 

Real Estate Commission

 

Recording Fees: $10.00 first page, $8.50 each additional page

 

Settlement Fee

 

Surtax on the Deeed: $.45 per $100.00 of sales price (Commercial Properties and Residential Properties

 

where a Document conveys more than one single-family residence – multi-family building, duplex)

 

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