Closing Costs For Bonita Springs Real Estate
Typical closing costs of a Bonita Springs home or condo sale can and should be calculated prior to you listing your home for sale. Your listing agent should have presented to you, during the listing interview and/or at the time of listing your home for sale a “seller’s estimated net proceed” form or calculation. It’s fairly elementary for most experienced real estate agents and a common tool that listing agents do not work without.
The seller’s estimated net sheet can take the estimated list price of the property and extract fees such as pro-rated property taxes, homeowner association fees, title fees, documentary tax on deed, real estate marketing fee commissions and other recording fees so that a home seller knows how much they will net at closing.
Customary fees vary slightly from county to county in southwest Florida so it would be wise to understand, in advance, which party will be paying for larger items such as title insurance. There should be no surprises at the closing table regarding closing costs and expenses. In Lee County, where most of Bonita Springs is located it is customary for the seller to pay for the owner’s title insurance policy.
An experienced listing agent should be able to work up a fairly accurate net sheet in a few minutes and be within a few hundred dollars of your net proceeds dollar figure. For even closer accuracy a title company will prepare a draft settlement sheet of net proceeds, as well.
To learn more about selling your Bonita Springs home or condo and find out your net proceeds before you list your property contact Chris Griffith by call/text at 239-273-7430. Chris is an experienced, Bonita Springs listing agent and a Certified Residential Specialist.