Seller’s Estimated Closing Costs (N.E. Florida):
Documentary Stamps on the Deed:
This is a State tax equal to .007 of the sales price. For example, if the sales price is $200,000, then the doc stamps on the deed is $1400.
Owner’s Title Insurance:
This is a policy of protection against a loss in a claim against your ownership. The cost of this insurance is .005375 of the sales price on homes over $100,000.
Settlement Fee/Attorney Closing Fee:
This is the fee the title company or the attorney will charge to close the transaction and account for all funds. Estimate $250 to $500.
Satisfaction of Mortgage Recording Fee:
Paid to the county. Estimate $10 per page.
Real Estate Brokerage Fee:
This is an agreed-upon fee in the listing contract that the real estate agent charges to procure a buyer.
Courier Fees (if needed):
If documents need to be sent by express or over-night mail. Estimate $50 per mailing.
Association Estoppel/Statement Fee:
This is to show that the seller is up to date in payment of association fees and that there are no assessments due. The fee for this varies from association to association.