What Closing Costs Actually Look Like in Homestead
In a traditional Homestead sale, sellers typically pay 7–10% of the sale price between agent commissions, title insurance, doc stamps, prorated taxes, and HOA estoppel fees. On a $350,000 home, that's $24,500–$35,000 deducted from your proceeds.
In a cash sale with us, your costs look very different. We cover almost everything — and your wire on closing day reflects the full cash offer minus only a handful of seller-side items required by Florida law.
What We Pay vs. What You Pay
- We pay: Title insurance, escrow fees, recording fees, courier fees, and our share of doc stamps
- You pay (typical): Florida documentary stamp tax on the deed (about $0.70 per $100 — paid by seller per Miami-Dade convention)
- You pay (typical): Prorated property taxes and HOA dues up to closing
- You pay (if applicable): Mortgage payoff, HOA estoppel, and any open Miami-Dade code lien — all deducted from proceeds
- You DO NOT pay: Agent commissions, listing fees, marketing costs, repair concessions, or buyer credits
Documents to Have Ready
Government-issued photo ID (driver's license or passport) for every person on the deed.
Mortgage payoff information — lender name and last statement; the title company orders the official payoff.
HOA / condo association contact if applicable — the title company orders the estoppel.
Recorded deed if you have it (not required — title pulls it from Miami-Dade records).
Death certificate or probate paperwork if the property is inherited.
Divorce decree or quitclaim if the title needs to reflect a single owner.
How the Title Company Works in Miami-Dade
We close every Homestead transaction at a Miami-Dade title company we've worked with for years. They handle title search, title insurance, lien clearance, payoff coordination, and the actual signing. You sit down for 30–45 minutes, sign about a dozen documents, and the title company wires your proceeds.
If you have an open code lien from Miami-Dade County, the title company contacts the county directly, negotiates the payoff (often a fraction of the accrued amount), and handles it at closing — you don't have to deal with the county yourself.
Special Situations That Can Delay Closing
- Probate — adds 30–90 days; we work with your probate attorney
- Divorce — both parties may need to sign; we coordinate with both attorneys
- Out-of-state seller — we can mail-out close or use a local notary
- Tax liens — IRS or Florida Department of Revenue liens require payoff letters
- Open insurance claim — we'll close around it; the proceeds typically go to whoever owns the home at the date of loss
Get Your Net-to-Seller Number
Want to see exactly what you'd net on your Homestead home in cash, after every line-item deduction? Submit your details and we'll send a one-page net sheet with the offer.
Helping Homestead homeowners sell fast.
No repairs. No commissions. Close in days, not months.