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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 us today at (561) 274-8153 if your needs include a professional REALTOR® ready for the business side of real estate.
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Anticipated closing costs
There are certain standard costs linked to closing the sale of a house. These expenses are commonly divided between the buyer and seller, as dictated 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 show you through your transaction.
- 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
At closing, these fees are often due (More information)
- Homeowners Insurance
- Flood or Quake Insurance (optional)
- Private Mortgage Insurance (PMI) (optional)
- Title Insurance
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Sellers: As we hammer out your sale, not only will I work to get the highest sales price, but I'll also push for limited closing costs. And once we've come to an agreement, I'll fully clarify the closing costs so you are aware of exactly what you're paying for.
Buyers: When purchasing real estate in Palm Beach County, 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 prior experience and is required to be within a suitable range so you're not startled when you come to the closing appointment. I'll be happy to look over the GFE with you, answering your questions and highlighting any estimates in question.
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