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Sellers closing cost in Florida

Hello everyone, and welcome to our channel! Today, we're diving into an essential topic for all home sellers in the Sunshine State—closing costs. What Are Closing Costs? When it comes to selling property, closing costs can often be a significant part of the transaction. These are the fees and expenses you, as a seller, need to pay at the closing of a real estate transaction. Understanding these costs will help you manage your expectations and budget more effectively. Breakdown of Seller Closing Costs in Florida Title Insurance: Taxes and Recording Fees: Documentary Stamp Tax: This is a state tax on real estate transactions, calculated at $0.70 per $100 of the sale price. Recording Fees: HOA Fees: If your property is part of a homeowner's association, you may need to cover prorated dues or fees required for property transfer. Thank you for joining us today! Don't forget to like, subscribe, and hit the notification bell for more insights into the real estate world. If you have any questions or topics you'd like us to cover, drop them in the comments below. Happy selling, and see you next time! Are you moving to Sarasota Florida or maybe Lakewood Ranch? Or do you already live in Sarasota and are considering relocating to another area, or maybe downsizing? I have spent the last 25 years in Sarasota FL, I can be a guide for you for EVERYTHING Sarasota Florida or Lakewood Ranch has to offer. Subscribe to this channel here: 👇👇👇👇👇👇👇 ✅ https://bit.ly/49k4J7N Ready to start the conversation about moving to Sarasota, Florida? Click the link below to schedule your private Zoom video call with a member of our team to learn more about the Florida Gulf Coast. 👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇 https://calendly.com/jonbuice 🗣Reach out Day/Nights/Weekends whenever you want, we never stop working for you!! Florida's Suncoast Homes at eXp Realty LLC 📲 Call/Text Direct at 941-962-7443 📲 Email: jonb.fsh@gmail.com 👨‍💻 Home Search: www.FloridasSuncoastHomes.com Facebook: Jon Buice/Real Estate Agent In Sarasota FL Following numerous requests, I'm quickly running through a net sheet to give you an idea of what the closing cost for seller entails, using a $650,000 sale as an example. This video specifically covers seller closing costs in Florida, so it's not applicable to other states. We'll break down home selling costs to help you understand what to expect when selling a home, offering essential real estate tips for a smooth transaction. 🏡✨