[Brandy4]

Dublin 78 - Tri-County (Pam) 352-753-4411
$2372 plus VCDD (Villages Amenity, Trash,etc).
Correction to my post: Title ins. From 2 were both $825 not 885 sorry - hit wrong digit. Also total - could be more or less, depends on sale price of home.

Gracie Girl. I too was in shock even when I got estimates from 3 Title cos. I purposely didn't call McLin until after I read your response because I suspected they would be the most expensive. Their P & S agreement fee is $500. Tri-Cty is $395.

I too intend to try to either have my buyer and I pay our own going costs or, you did, split! Which is why is done up north where the buyer costs are always more. They need a title search o note work involved; buyer doesn't
Need, and, therefore, should not have to pay title insurance.

One last comment for those who don't know. FSBO (For Sale By Owner) is a company who will (for a fee) provide documents and step by step instructions in selling your home. I don't yet know what the fee is but cheaper than 6% to a realtor. Also, strongly suspect McLin I owned by The Villages, they do everything else. They handled my closing (on the home I'm seling) 4 yrs.ago.

Again, everyone Many thanks - too to chat with you!

[Brandy4]

Dublin 78 - TRI-County 352-753-4441 (Pam). Quoted me a total of $2372 plus (The Villages) charges. 1 mo. Amenity fee, trash etc. Also need to make a correction: Title insurance quoted by two title cos. was $825 not $885 - sorry my finger hit wrong digit!
Most helpful gal. Their charge for a P & S contract is $395. Freedom Title Was $400, didn't get the third one, but McLin is $500.

Graciegirl. I too was shocked at closing costs even from 3 title cos. I purposely did not call McLin until AFTER I read your post to me as I suspected they would be the most expensive. I called them at around 1:30pmand was told if I would go to their office they would give me a breakdown of their $4-$7000 charges - which will depend on selling price of my house. Therefore, I don't understand your being told they no longer do closings and will call them again on this.

For those who don't know FSBO is a company who, for a fee, will provide documents and a step by step process
For selling a house anywhere. I don't yet know what the fee is but a lot less than that of a realtor. If I go with a realtor I will end up with thousands less than I paid for my house and don't want to do that. I' m not trying to make ANY profit - just get back what I.paid.

Again, thank you, appreciate everyone's input - a big help.

[Mrs. Robinson]

Originally Posted by graciegirl

Call McLin Burnsed, the "Villages" Law Firm. (used for all Villages closings) Ask them any questions and pick up info. They are GREAT.

When we sold our home by ourselves they charged $700 to handle all of the legalities. That was seven years ago. They manage the closing, title searches etc. Closing costs are from the bank of the buyer if they don't pay cash of course.
Our buyer split the cost of the legal fees. Some will and some won't.

Originally Posted by Brandy4

Anyone ever used "FSBO" (For Sale By Owner) to sell a home and your experience/opinion

Closing costs are not from a bank of a buyer regardless of whether they pay cash or not.
Whomever it is that works up the HUD (closing statement) and handles the actual closing -- a title company or attorney -- is who does this paperwork and will handle the closing.
The buyer may have an attorney represent them, but that cost would be paid by them.

Regardless of how you go about selling, you should have a Seller's Disclosure completed for when the time comes and you have a buyer.
This is a form that you complete and the buyer(s) sign.

Within The Villages, traditionally, title insurance is paid for by the seller.
As I said, the word is by "tradition."
Whomever pays for the title insurance is not set in concrete. You can have the buyer pay this fee.

I'm not familiar with the FSBO.com company, per se.
I don't know how they charge or what they charge.
I can tell you that you can put your property on Zillow, as a for-instance, for free.

I can mention another few things that might be helpful; check your private messages.

[Brandy4]

Dublin78 - I did respond to your post but don't see it here, however, TOTV has had problems for days so I will repeat.
Cheapest title co. Was Tri-Cty (352-753-4411) @ $2372 (plus Villages costs) and based on the selling price of ones house.
Freedom was: Approx.$2615.
Affiliated: $2485 + VCDD $425
McLin & B: (Lawyers - always more expensive): $4000-7000 . I strongly suspect are owned by The Villages. I don't understand what they told GracieGirl (don't do closings anymore) as I called them AFTER Graciegirl's initial suggestion/ recommendation.
All of the title via. Above are in the Villages tel. Directory.

Brandy4

[graciegirl]

Originally Posted by kstew43

Depending on the county you are in the 4K to 7K (usually around 3% of selling price) represents the total seller closing costs. title insurance policy and research, survey, appraisal, DOC stamps.. ect.....minis the real estate commission fee if its a FSBO...

GracieGirl states $800? that figure only represents the lawyers closing charge for processing/handling the closing, and thats just the sellers side, the buyers also have a $800? fee on there side from the closing agent.

you can usually negotiate the closing costs, title policy with the closing agent if you have a policy existing, and the rest of the fees could be put to the buyer, if they are willing to pay for them, but customiery the seller pays all the closing fees in Marion, Sumter and Lake county.

just adding a little help....from a retired broward realtor..

NO. It was seven hundred dollars seven years ago and we split it.

[TimeForChange]

Originally Posted by Brandy4

Anyone ever used "FSBO" (For Sale By Owner) to sell a home and your experience/opinion?

Thx

Be prepared to have open houses, put up the signs and balloons and receive a lot of people coming through just to look. My wife is an ex realtor and we tried for a couple of months on Zillow and every other website and finally turned it over to TV Sales and they sold it in a few weeks. Its a lot of work and time so be prepared for that.

[It’s..us]

We have bought and sold through fsbo a number of times. It’s never been an issue, in fact, much easier as you know exactly what is happening and who you are dealing with. Missy at Advantage Title does all the paper work. She is ultra efficient. You just bring the buyer. We also offer a 2.5% fee if a real estate person brings the buyer, go on mls and tell others. We did not feel we overpaid whe buying and priced competitively when selling. Also, if selling and you paid 300kfor example and the house is not upgraded substantially, if it is only worth $315k now, if you had to pay hefty real estate fees and closing costs...the only way to not lose your shirt is to sell FSBO.

[Biker Dog]

Originally Posted by It’s..us

We have bought and sold through fsbo a number of times. It’s never been an issue, in fact, much easier as you know exactly what is happening and who you are dealing with. Missy at Advantage Title does all the paper work. She is ultra efficient. You just bring the buyer. We also offer a 2.5% fee if a real estate person brings the buyer, go on mls and tell others. We did not feel we overpaid whe buying and priced competitively when selling. Also, if selling and you paid 300kfor example and the house is not upgraded substantially, if it is only worth $315k now, if you had to pay hefty real estate fees and closing costs...the only way to not lose your shirt is to sell FSBO.

I totally agree!

[CFrance]

Originally Posted by Packer Fan

I totally agree. I bought a FSBO and was very happy with this method. However, if I was selling I would use the Villages Sales and pay the price. The reason I BOUGHT the FSBO was it had been on the market for a long time and was underpriced. It is not like other areas- nobody shops for FSBOs, they shop with a Villages Realtor. Just my 2 cents. If you are a buyer, FSBO is great.

We listed with TV and sold to the first buyer for so much over the asking price it would have covered the real estate fee of the asking price. They have connections to the largest number of interested buyers. Two showings in one day, and two over-price offers--all before the trolley viewing.

It used to be they were mainly interested in selling new homes, but not anymore since most of the new housing is in Fenney with no golf cart access to up here. Plus this is a busy buying season.

[Wiotte]

Originally Posted by CFrance

We listed with TV and sold to the first buyer for so much over the asking price it would have covered the real estate fee of the asking price. They have connections to the largest number of interested buyers. Two showings in one day, and two over-price offers--all before the trolley viewing.

It used to be they were mainly interested in selling new homes, but not anymore since most of the new housing is in Fenney with no golf cart access to up here. Plus this is a busy buying season.

Yep, more buyers interested in newer resale’s rather than new Fenny.


Sent from my iPhone using Tapatalk

[graciegirl]

Originally Posted by CFrance

We listed with TV and sold to the first buyer for so much over the asking price it would have covered the real estate fee of the asking price. They have connections to the largest number of interested buyers. Two showings in one day, and two over-price offers--all before the trolley viewing.

It used to be they were mainly interested in selling new homes, but not anymore since most of the new housing is in Fenney with no golf cart access to up here. Plus this is a busy buying season.

Where are you heading?

[Brandy4]

Ohiobestus - did you get my "private" response about viewing my house.
TOTV has had problems.

[CFrance]

Originally Posted by graciegirl

Where are you heading?

Not leaving TV--too nice here. We want to downsize to a CYV with no yard maintenance since we're going to be seasonal.