Home Sale Calculator in Florida

Question 1

Does seller pay closing costs in Florida?

Accepted Answer

Both the parties i.e., the buyer and the seller have to pay their respective closing costs in Florida. Seller closing costs mainly include agent commissions, home inspection, and some other fees, all of which could sum up to 5%-10% of the property’s sale price.

The buyers have to pay their closing costs as well which are mostly mortgage-related and could sum up to 3%-4% of their loan amount.

Question 2

How Much Are Closing Costs for Sellers in Florida?

Accepted Answer

Seller closing costs in Florida can be anywhere between 5%-10%, a major chunk of which is due to high amounts of agent commissions. To put that into perspective, the median home value in Florida in 2021 is $297K, so accordingly, you will have to shell out anywhere between $14,850-$27,900.

However, with Houzeo’s Florida MLS Gold Package you only pay $399 and save 3% of your closing costs right away!

Question 3

How to calculate closing costs for seller in Florida?

Accepted Answer

To calculate seller closing costs in Florida, all you need to do is input the relevant details in Houzeo’s Closing Costs Calculator like state, purchase price, mortgage balance. Click on “Calculate My Closing Costs” and you will get the estimated closing costs.

Question 4

What does the seller pay at closing in Florida?

Accepted Answer

As a home seller in Florida, your closing costs will mainly include real estate agent commissions, outstanding amounts owed on the property, prorated property taxes, settlement fee, title search, municipal lien search, HOA estoppel, documentary stamps on the deed, title insurance, etc.

Some of these amounts vary from state to state and some fees are mandatory in a few states and in some they aren’t.

Question 5

Who pays transfer taxes in Florida?

Accepted Answer

Usually, the seller pays the transfer tax in Florida but this can be negotiated with the buyer.

Question 6

What are typical closing costs for a seller in Florida?

Accepted Answer

The typical seller closing costs in Florida include:

Home Inspection Fee
Home Warranty Fee
Seller Agent Commission
Buyer Agent Commission
Property Tax
Utility Bills
HOA Fees
Settlement Fee
Attorney Fee
Municipal Lien Search
Documentary Stamps
Title Insurance
HOA Estoppel Fee
Transfer Tax

Home Sale Calculator in Florida

Home Sale Estimate Calculator in Florida

Frequently Asked Questions

Closing Costs Worksheet