Don't forget to factor in closing costs when considering a home sale or purchase. Silver International Realty, Inc. is seasoned at aiding both buyers and sellers when it comes to closings. E-mail or call me today at 561-929-5799 if your needs include a professional REALTOR® experienced in the business side of real estate.

Expected closing costs

There are certain typical fees associated with closing the sale of a house. These expenses are commonly divided between the buyer and seller, as dictated in the sales contract. Many are customary, but there are nuances to each, so you'll want a real estate expert in Florida to help guide you through the deal.

Costs pertaining to your loan to be paid at closing    (Learn more)

  • Points (optional)
  • Appraisal Fee
  • Credit Report
  • Interest Payment
  • Escrow Account

Taxes you may be responsible for at closing    (Learn more)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Learn more)

  • Homeowners Insurance
  • Flood or Quake Insurance (optional)
  • Private Mortgage Insurance (PMI) (optional)
  • Title Insurance

Sellers: As we hammer out your transaction, I'll not only work to get the highest sales price, but I'll also advocate for limited closing costs. And once we've arrived at an agreement, I'll walk you through the closing costs so you are aware of exactly where your money is going.

Buyers: If you're purchasing a property in Delray Beach, you'll receive a "Good Faith Estimate" (GFE) of closing costs within three days of submitting your loan application. The estimate is based on the loan officer's past experiences and is required to be within an acceptable range so you're not startled when you get to closing time. I'll be willing to go over the GFE with you, answering your questions and highlighting any estimates that seem off.