Buying or Selling a Home in Central Florida? Here’s What to Expect at Closing
Closing day is the final and most exciting part of a real estate transaction. But if you’re buying or selling a home in Central Florida (Orlando, Kissimmee, DeLand, Deltona, St. Cloud, Lake Nona, or DeBary), you might be wondering: What actually happens at closing? Let’s break it all down in plain English so you know exactly what to expect.
What Is the Closing Process?
The real estate closing process is when all final documents are signed, money is transferred, and ownership officially changes hands. This process usually takes 30 to 45 days from contract to close in Florida.
Steps in a Florida Real Estate Closing
Step 1: Review the Sales Contract
Once both sides sign the purchase agreement, it kicks off the rest of the process. It will include things like the closing date, financing terms, and inspection deadlines.
Step 2: Title Search and Title Insurance
A title company or attorney will run a title search to make sure there are no legal issues or unpaid debts tied to the property. Then they issue title insurance to protect the buyer (and lender).
Step 3: Home Inspections and Appraisal
The buyer arranges a home inspection and, if getting a mortgage, an appraisal is required. If issues are found, negotiations may happen here.
Step 4: Closing Disclosure and Walk-Through
Three days before closing, the buyer gets a Closing Disclosure with all the final costs. Then a final walk-through of the home happens to confirm it’s in the agreed condition.
Step 5: Sign and Transfer
On closing day, everyone signs the documents and funds are transferred. The buyer gets the keys, and the seller receives their proceeds.
Who's Involved in a Florida Home Closing?
Buyer and Seller
Real estate agents
Title company or real estate attorney
Mortgage lender (if financing)
Possibly a notary
How Much Are Closing Costs in Florida?
Closing costs in Florida usually range from 2% to 5% of the home price.
For Buyers:
Loan origination fees
Appraisal and inspection
Title insurance
Escrow fees
For Sellers:
Agent commissions (usually 5% to 6%)
Title transfer fees
Prorated taxes and HOA dues
Do I Need a Real Estate Attorney in Florida?
Florida doesn’t require an attorney for closing, but hiring one is recommended—especially for contract review, dispute resolution, or FSBO (for sale by owner) transactions.
FAQs About the Real Estate Closing Process in Central Florida
How long does a real estate closing take in Florida?
Typically 30 to 45 days, but it can be faster or slower depending on financing and inspections.
Can I negotiate closing costs in Florida?
Yes. Some fees are negotiable, especially lender and title-related charges.
Who chooses the title company in Florida?
It depends on the county. In most Central Florida counties, the buyer chooses the title company.
What happens if closing is delayed?
Both parties may sign an extension. Common delays include loan issues, title problems, or inspection disputes.
FAQs About MainStreet Realty
Who is MainStreet Realty?
We’re a trusted Florida real estate company helping people buy and sell homes in Central Florida, including Orlando, Kissimmee, Deltona, Lake Nona, and more.
Does MainStreet Realty handle closings?
We work closely with local title companies and attorneys to ensure smooth, on-time closings for all our buyers and sellers.
Can MainStreet Realty help me sell my home FSBO?
Absolutely! We offer listing support, contract guidance, and closing coordination.
Is MainStreet Realty good for first-time buyers?
Yes! We love helping first-time buyers understand the process, including closing costs and local programs.
Ready to Close on Your Central Florida Home?
Whether you're buying or selling, MainStreet Realty is here to guide you through every step of the closing process. We make real estate easy to understand and even easier to navigate.
Contact us today at BuyMainStreetRE.com or call (407) 984-5656 to speak with a local expert. Let's make closing day a celebration—not a headache!
