Thread by @BenjaminLitkePA

Buying/selling a home can be stressful. For sellers waiting is the hardest part as the buyer works behind the scenes. Sellers breathe a big sigh of relief once a buyer's loan has been approved. For this one, it is time to exhale...the loan is approved! Let's schedule the closing.

Typical buyer costs:
Owner's title policy
Title search fee
Lien/municipal lien search
Fees associated with a mortgage:
Recording fees
Lender fees
Appraisal
Credit report fee
Escrow prepaid
Lender's title policy
Other settlement charges

Typical seller closing costs:
Brokerage commissions
Transfer tax on the deed
Recording fee

Putting together an offer starts with doing home work on comparable homes in the neighborhood and discussing those with a buyer. Getting a lenders worksheet of costs for a buyer that is property specific is important before making an offer so a buyer full understands how much

all costs add up to, so the buyer can make the best decision for themselves. Other due diligence should be done at this point as well. Reviewing the property and other disclosures. Searching the land records and tax information, checking for an available survey, active title

policy. Reviewing HOA documents and restrictions. Lining up the escrow agent/ closing agent. Completing all the paperwork for the buyer's signature. There is a lot going on when it comes to making an offer on a home and a competent #realtor can make it look easy.

#movetosarasota #siestakeycoldwellbanker @SiestaKeyCB @mikejcasper @BenjaminLitkePA