What closing costs should you expect?

There are certain basic costs accompanying closing the sale of a house. These costs are often 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 lead you through your deal.

Costs pertaining to your mortgage 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 negotiate your sale, not only will I work to get the very best sales price, but I'll also advocate for lower closing costs. And once we've come to an agreement, I'll describe in detail the closing costs so you are informed of exactly what you're paying for.

Buyers: If you are purchasing a home in Delray Beach, you'll 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 past experiences and are required to be within a suitable range so you're not shocked when you show up at the closing table. I'll be glad to look through 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 aspect 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 855-693-3572 X 1 if your needs include a professional REALTOR® ready for the business side of real estate.