Sell Closure Property Formula In Miami-Dade

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

Description

This is a generic form for the sale of residential real estate. Please check your state=s law regarding the sale of residential real estate to insure that no deletions or additions need to be made to the form. This form has a contingency that the Buyers= mortgage loan be approved. A possible cap is placed on the amount of closing costs that the Sellers will have to pay. Buyers represent that they have inspected and examined the property and all improvements and accept the property in its "as is" and present condition.

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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.

More info

Visit the Mortgage Foreclosure Office or the Online Foreclosure Auction to review court files of the different properties offered for sale. Florida closing cost calculator.Calculate property, home sale net proceeds. Selling process, calculated as the number of days between the initial listing of a property and the closing of the sale. Median Time to Sale is. The conditions of repayment are as follows, basically, if the property is disposed of in the first full nine years AND a net profit is made AND. OPPAGA provides objective, independent, professional analyses of state policies and services to assist the Florida. An exception is Miami-Dade. Want to sell your Miami house fast without a realtor? Avoid fees, repairs, and hassles.

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Sell Closure Property Formula In Miami-Dade