Expected closing costs

There are certain ordinary expenses associated with closing the sale of a house. These expenses are usually split between the buyer and seller, as noted 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.

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

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

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

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (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 deal, not only will I work to get the optimal sales price, but I'll also push for limited closing costs. And once we've arrived at an agreement, I'll walk you through the closing costs so you are aware of exactly where your money is going.

Buyers: If you're buying a house in Palm Beach County, you will get a "Loan Estimate" (LE) of closing costs within three days of submitting your loan application. The estimate is based on the loan officer's previous experience and is required to be within a tolerable range so you're not stunned when you show up at the closing appointment. I'll be happy to review the LE with you, answering your questions and highlighting any estimates that seem questionable.