Anthony DuBois | What Florida Buyers and Sellers Should Know About Closing Costs

Anthony DuBois

In the fast-paced Florida real estate market, closing costs can often catch people off guard. Anthony DuBois explains that these are the final expenses that buyers and sellers face at the end of a home sale, and they can significantly affect the total cost or profit of a transaction.

For buyers, closing costs usually include lender fees, inspection costs, title services, and prepaid property taxes. Sellers typically pay the real estate commission, deed taxes, and in some counties, higher local transfer fees. The amount varies but usually falls between 2% and 5% of the home’s price. For a $400,000 home, that could mean $8,000 to $20,000 in additional costs—money that should be factored into early budgeting.

Florida's laws and customary practices mean that some costs are negotiable, while others are fixed by statute or market norm. For example, in most Florida counties, sellers pay the title insurance—but in others, it’s the buyer’s responsibility. This variation can create confusion, especially for out-of-state buyers unfamiliar with the local standards.

Anthony DuBois stresses the importance of clarity. Buyers and sellers should request an itemized breakdown of all projected costs well in advance. Working with experienced professionals who can explain each line item can prevent misunderstandings and ensure that there are no surprises at the closing table.

According to Anthony DuBois, the more informed you are about closing costs, the better you can plan, negotiate, and protect your financial interests.