Category Archives for "Home Buying"
Info and tips to help you buy a Jacksonville, Florida home.
May 30, 2019
- in Home Buying by Minna Reid
Can I ask the seller to pay the closing costs in my Florida home purchase? How does that work?
Seller paid buyer closing costs in a Florida home sale. It is quite common for home buyers to ask sellers to contribute money towards their closing costs, in order to minimize their out of pocket up-front costs. HOW SELLER PAID BUYER CLOSING COSTS WORK: EXAMPLE:John and Mary want to buy a Jacksonville, Florida home for $200,000. John and […]
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May 30, 2019
- in Home Buying by Minna Reid
Buyer closing costs in Florida: How much will you pay?
You will need to show up at closing with much more than your down payment!There are several costs involved in purchasing property in Florida, many which fall on the home buyer. Besides the actual purchase price of the home, buyer closing costs in Florida run anywhere from 2-4% and generally include: Inspection costs:You will most likely […]
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May 21, 2019
- in Home Buying , Home Selling by Minna Reid
Documentary stamp taxes in real estate sales in Florida
Buying and selling property in Florida is a taxable event. When property is sold in Florida documentary stamp taxes become due. All parties to the document are liable for the tax regardless of which party agrees to pay the tax. If a party is exempt, the tax must be paid by a non-exempt party. Florida documentary stamps […]
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