Selling a Home in Florida? Here’s What You’ll Owe at Closing
Ready to cash in on your home sale in the Sunshine State? Before you get too excited, brace yourself for these seller closing costs in Florida.
Many home sellers in the Sunshine State have been caught off guard by the litany of costs they are responsible for at closing. However, real estate experts say the bulk of these expenses are par for the course, so it’s best to be financially prepared and informed of seller closing costs Florida homeowners typically encounter right at the start of the process.
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Seasoned Florida Realtor® Zac Coletti said he has encountered many sellers who are blindsided when they find out what they have to pay at closing and often finds himself taking on the role of educator. For example, he says that although it’s customary for sellers to pay for title insurance in Florida, most sellers don’t realize it and become alarmed.
“It really depends on how the information is presented to the seller,” Coletti says. “If it’s brought up as a red flag, then it’s going to be a red flag in the seller’s eyes. If it’s presented to them as a standard, typical cost that’s nothing to be alarmed by, there are never any issues.”
