Found 3 blog entries tagged as Closing Costs.


Real Estate Wire Fraud Is on the Rise: How to Protect Your Closing Funds

By Meredith Amon, Licensed in Alabama and Florida
Guided by Integrity. Backed by Experience. Search the Gulf with Meredith Amon.

Real estate wire fraud is one of the most devastating—and increasingly common—threats facing buyers and sellers today. Just this week, I was reminded of how real and close to home this risk is. An agent here on the Gulf Coast recently had a buyer fall victim to wire fraud. It wasn’t my transaction, but it deeply impacted their client, who lost over $130,000.

It happened when hackers intercepted email communication between the buyer and the title company. The buyer received what looked like a legitimate email with wiring instructions—only the…

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Understanding Real Estate Closing Costs: What Buyers and Sellers Need to Know

As a Gulf Coast real estate advisor, I often encounter questions about closing costs and how they are divided in a real estate transaction. A common misconception is that when a contract states the buyer and seller will "split the closing costs," it means all costs are combined and divided equally. That’s not the case. Instead, each party is responsible for their own respective closing costs, and those costs are very different for buyers and sellers. Let’s break it down in simple terms.

What Are Closing Costs?

Closing costs are the fees and expenses associated with finalizing a real estate transaction. These costs vary depending on whether you’re the buyer or the…

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Understanding Real Estate Closing Costs for Gulf Coast Homebuyers


Purchasing a home in the Orange Beach, Alabama area is an exciting journey, offering access to beautiful beaches and a serene coastal lifestyle. However, preparing for the financial aspects of your purchase, such as closing costs, is essential to avoid surprises. For homes with a $500,000 sales price, understanding the breakdown of potential expenses can help make the process smoother and more transparent.

CLOSING COSTS FOR GULF COAST HOME BUYING

What Are Closing Costs?

Closing costs refer to the various fees and charges required to finalize your real estate transaction. These typically include:

  • Lender Fees: Origination, underwriting, and processing fees.
  • Title Fees: Title insurance, title search, and…

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