Finding the right home at the right price is just one part of a real estate transaction. Silver International Realty, Inc. is seasoned at helping both buyers and sellers when it comes to closings. E-mail
or call me today at (561) 274-8153 if your needs include a professional REALTOR®
experienced in the business side of real estate.
Expected closing costs
There are certain expected expenses associated with closing the sale of a house. These fees are often split between the buyer and seller, as instructed in the sales contract. Many are conventional, but there are nuances to each, so you'll want a real estate expert in Florida to help lead you through the transaction.
- Points (optional)
- Appraisal Fee
- Credit Report
- Interest Payment
- Escrow Account
At closing, these taxes are usually paid (More information)
- Property Taxes
- Transfer Taxes and Recording Fees
- Homeowners Insurance
- Flood or Quake Insurance (optional)
- Private Mortgage Insurance (PMI) (optional)
- Title Insurance
Sellers: As we hammer out your sale, not only will I work to get the optimal sales price, but I'll also advocate for limited closing costs. And once we've arrived at an agreement, I'll give a detailed list of the closing costs so you are informed of exactly what you're paying for.
Buyers: If you're purchasing a house in Palm Beach County, you'll be given 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 shocked when you reach closing time. I'll be happy to review the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.