Anticipated closing costs

There are certain standard expenses linked to closing the sale of a house. These expenses are usually split between the buyer and seller, as directed 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 direct you through your deal.

Loan-related closing costs    (Click here for more information)

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

At closing, these taxes are usually paid    (Click here for more information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Click here for more information)

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

Sellers: As we get through the details of your sale, not only will I work to get the very best sales price, but I'll also advocate for reduced closing costs. And once we've reached 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 "Loan Estimate" (LE) of closing costs within three days of submitting your loan application and a "Closing Disclosure" no fewer than three days prior to closing. These estimates are based on the loan officer's prior experience and are required to be within a tolerable range so you're not stunned when you show up at the closing table. I'll be glad to review the estimate with you, answering your questions and highlighting any estimates that are uncertain.

Finding the right home at the right price is just one part of a real estate transaction. Silver International Realty, Inc. is experienced at helping 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.