Typical Closing Costs

Typical Closing Costs

Closing costs vary depending on which contract is used and the specific language of the contract is altered during negotiations.  In a typical closing in Collier County using a standard NABOR contract, the Seller pays the following:

*State documentary stamp tax for the deed ($7.00 per $1,000.00 of the sales price);

*prorated charges for real estate taxes, association fees, water and the like;

*real estate commissions;

*attorney fees for preparation of the documents and closing;

*Foreign sellers have a 10% FIRPTA withholding;

*special assessments and/or taxes;

*balance of any existing mortgage;

and other fees and costs depending on the type of property purchased and the terms of the sales contract.  For a complete list of expenses, please contact us and we can provide you with a Real Property Closing Cost Disclosure.