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

What closing costs should you expect?

There are certain typical costs linked to closing the sale of a house. These fees are often split between the buyer and seller, as noted in the sales contract. Many are universal, but there are nuances to each, so you'll want a real estate expert in Florida to help guide you through your process.

Closing costs that are tied to financing    (More information)

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

Taxes you may be responsible for at closing    (More information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (More information)

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

Sellers: As we negotiate your transaction, not only will I work to get the very best sales price, but I'll also campaign for lower closing costs. And once we've come to an agreement, I'll fully explain the closing costs so you are aware of exactly where your money is going.

Buyers: If you are purchasing a property in Delray Beach, you will 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 prior experience and is required to be within a tolerable range so you're not astonished when you show up at closing time. I'll be happy to review the GFE with you, answering your questions and highlighting any estimates in question.