|Finding the right home at the right price is just one aspect of a real estate transaction. The Bilingual Team - your home team is seasoned at aiding both buyers and sellers when it comes to closings. E-mail or call us today at 561-585-4258 if your needs include a professional REALTOR® ready for the business side of buying and selling. |
Expected closing costsThere are certain normal costs accompanying closing the sale of a house. These costs are often split 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 lead you through the deal.
- Points (optional)
- Appraisal Fee
- Credit Report
- Interest Payment
- Escrow Account
- Property Taxes
- Transfer Taxes and Recording Fees
- Homeowners Insurance
- Flood or Quake Insurance (optional)
- Private Mortgage Insurance (PMI) (optional)
- Title Insurance
Sellers: As we negotiate your deal, not only will I work to get the optimal sales price, but I'll also advocate for lower closing costs. And once we've arrived at an agreement, I'll walk you through the closing costs so you know exactly where your money is going.
Buyers: If you are buying real estate in Palm Beach County, you will get 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 previous experience and is required to be within a reasonable range so you're not shocked when you show up at the closing appointment. I'll be glad to look over the GFE with you, answering your questions and highlighting any estimates that seem unusual.