Finding the right home at the right price is just one aspect of a home sale or purchase. Portside Properties Inc. is experienced at assisting both buyers and sellers when it comes to closings. E-mail
or call me today at (561) 626-7300 if your needs include a real estate pro ready for the business side of buying and selling.
Expected closing costsThere are certain basic costs related to closing the sale of a house. These fees are often divided between the buyer and seller, as dictated 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.
- 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 hammer out your deal, not only will I work to get the highest sales price, but I'll also advocate for lower closing costs. And once we've arrived at an agreement, I'll give a detailed list of the closing costs so you know exactly what you're paying for.
Buyers: If you are buying a home in Palm Beach County, you will 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 previous experience and is required to be within a tolerable range so you're not astonished 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 are uncertain.