Remove Closing costs Remove Due diligence Remove New Construction Remove VA loan
article thumbnail

How Much Are Closing Costs in Florida?

HomeLight

Once you’ve found your dream house in Florida and settled on the purchase price, you might think you know the final cost you’re responsible for. However, there’s another set of fees and charges you must be prepared for, and those are closing costs. Find a Buyer's Agent What are closing costs? of the sales price.

article thumbnail

When Is a House Down Payment Due and How Much Do I Need?

HomeLight

Otherwise, earnest money will be held in an escrow account until closing, and the amount is then applied toward your down payment at closing. Larsen cautions that if you’re buying a new construction home, you will likely be expected to pay a much larger percentage of earnest money. Don’t forget about closing costs.