Sell Closure Property Formula In Miami-Dade

State:
Multi-State
County:
Miami-Dade
Control #:
US-00447BG
Format:
Word
Instant download

Description

The Agreement for the Sale and Purchase of Residential Real Estate serves as a comprehensive legal document regulating the sale of property in Miami-Dade. This form outlines essential terms including the property description, purchase price, down payment, and mortgage qualifications. It addresses contingencies linked to loan approval and stipulates the allocation of closing costs. Key sections include deposit terms, closing dates, title conveyance details, and conditions regarding property breaches. The document is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants by clarifying responsibilities and safeguarding interests. Users will find clear instructions for filling out the document, including specific sections for earnest money, mortgage conditions, and additional provisions. This standardized form aids in streamlining property transactions and minimizing legal disputes, making it an invaluable tool for stakeholders in real estate dealings.
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  • Preview Agreement for the Sale and Purchase of Residential Real Estate
  • Preview Agreement for the Sale and Purchase of Residential Real Estate
  • Preview Agreement for the Sale and Purchase of Residential Real Estate
  • Preview Agreement for the Sale and Purchase of Residential Real Estate

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FAQ

Example: Estimated closing costs on a $400,000 home Total adjusted orgination charges$5,100 Initial escrow account deposit $708 Prepaid interest $750 Homeowner's insurance $1,000 Total estimated closing costs $9,15813 more rows

The tax rate for Miami-Dade County is 60 cents on each $100, or portion thereof, of the total consideration. Miami-Dade County also has a surtax of 45 cents on each $100, or portion thereof, of the total consideration. The surtax is not due on a document that transfers only a single-family dwelling.

Miami-Dade County's Sales and Use Tax rate is 7%. This includes the state sales tax rate of 6% plus a 1% discretionary county surtax.

Homeowners Rights to Surplus Foreclosure Sale Proceeds You, as the former homeowner, may be eligible to file a claim for any surplus funds. Please contact the Clerk of the Court's Foreclosure Unit to find out if there are surplus funds from the foreclosure sale and, for assistance in filing your claim for those funds.

How to Claim Surplus Funds From a Foreclosure in Florida Provide Proof of Ownership. This step of the process is usually satisfied by providing a copy of the title that shows that you owned the property last. Verification of Surplus Funds. Reach out to Trustee. Submit a Claim For the Surplus Funds. Hearings and Motions.

O Every unit to contain gross floor area of at least 120 sf for the first occupant, 100 sf. for each of the next two occupants, and at least 75 sf for each occupant thereafter.

The Infill Housing Program's main goal is to increase the availability of affordable homes for very-low, low- and moderate-income families. Every dwelling unit developed through the Infill Housing Program must be sold to a qualified household to be used as their primary residence.

Mortgage Foreclosure: The foreclosure rate for Miami-Dade is the highest of the seven Sun Belt counties included in this report. More than 26,000 households were foreclosed upon in Miami-Dade County over this three-year period, a foreclosure rate of 3.1 percent.

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Sell Closure Property Formula In Miami-Dade