561-688-1316 West Palm Beach and I'll help you understand all the expenses and identify any mistakes. 561-688-1316 There are certain ordinary fees related to closing the sale of a house. These fees are commonly divided between the buyer and seller, as instructed 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 your transaction.

Costs pertaining to your mortgage to be paid at closing    (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 transaction, I'll not only work to get the very best sales price, but I'll also advocate for limited closing costs. And once we've reached an agreement, I'll fully clarify the closing costs so you are informed of exactly what you're paying for.

Buyers: If you're buying a property in Palm Beach County, you will be given 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 past experiences and is required to be within a reasonable range so you're not shocked when you reach the closing table. I'll be glad to look at the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.

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