When selling a home in Florida, closing costs are one of the biggest financial considerations. Many homeowners assume that selling for cash means avoiding all fees, but while cash sales do eliminate some costs—like lender fees—there are still a few expenses to be aware of.

The good news? Home Buyer Tampa can help reduce or even eliminate many of these closing costs, making the selling process easier and more affordable for you.

Understanding Closing Costs in a Cash Sale

Closing costs are the fees and expenses required to finalize a real estate transaction. While traditional home sales can come with hefty costs—often ranging from 2% to 5% of the home's price—cash sales typically have fewer fees, saving you money in the long run.

Common Closing Costs for Florida Home Sellers

To know how much of your home’s sale price will go toward closing costs, here are some of the most common fees you might encounter:

Title Search and Insurance

• A title search ensures there are no claims, liens, or ownership disputes tied to the home.
• Title insurance protects the buyer and seller from potential legal claims in the future.
• These costs typically range from $500 to $2,000, depending on the property’s value.

Transfer Taxes and Recording Fees

• The Florida documentary stamp tax is required when transferring property and is calculated at $0.70 per $100 of the home’s sale price (or $0.60 in Miami-Dade County).
• County recording fees may apply, typically between $50 and $300.

Property Taxes and HOA Fees

• If you owe any outstanding property taxes, they’ll need to be paid at closing.
• Homes in HOA communities may have unpaid dues or transfer fees required before the sale is finalized.

Attorney or Closing Agent Fees

• A closing attorney or title company handles the legal paperwork for the transaction.
• Fees typically range from $500 to $1,500, depending on the complexity of the sale.

Repairs or Seller Concessions

• Many traditional buyers request repairs after inspections, which can add to your expenses.
• Home Buyer Tampa purchases homes as-is, meaning you won’t need to pay for costly repairs or renovations.

Your Closing Costs Depend on Your Selling Method

Closing costs are not always a fixed amount; they vary based on the price of your home and how you choose to sell.

• Traditional Home Sale with a Realtor – Expect to pay 2% to 5% of the home’s price in closing costs, plus realtor commissions (typically another 5% to 6%).
• For Sale by Owner (FSBO) – You can save on commissions, but you’ll still be responsible for title fees, transfer taxes, and potential repair costs.
• Cash Sale to Home Buyer Tampa – We help cover many of the standard closing costs, meaning you keep more money from your home’s sale.

How Home Buyer Tampa Helps You Save on Closing Costs

At Home Buyer Tampa, we make selling your home simple and cost-effective by:

✅ Covering Many Closing Costs – We handle title fees, recording costs, and more, so you don’t have to.
✅ Buying As-Is – You don’t need to worry about expensive repairs or renovations.
✅ No Realtor Commissions or Hidden Fees – We buy homes directly, so you avoid extra costs.
✅ Fast Closings – We can close in as little as 7 to 14 days, helping you move on quickly.

Sell Your Florida Home Without the Extra Costs

If you’re looking for a stress-free and affordable way to sell your home in Florida, Home Buyer Tampa is here to help. We make cash offers with no hidden fees, and we’ll cover many of the closing costs for you.

Call us today at 813-296-6200 for a no-obligation cash offer!