561-688-1316 West Palm Beach and I'll aid you to understand all the costs and point out any mistakes.
561-688-1316 There are certain basic costs associated with closing the sale of a house. These costs are commonly divided between the buyer and seller, as instructed 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 lead you through your transaction.
Costs pertaining to your mortgage to be paid at closing
- Points (optional)
- Appraisal Fee
- Credit Report
- Interest Payment
- Escrow Account
At closing, these taxes are usually paid (More information)
- Property Taxes
- Transfer Taxes and Recording Fees
- Homeowners Insurance
- Flood or Quake Insurance (optional)
- Private Mortgage Insurance (PMI) (optional)
- Title Insurance
As we negotiate your transaction, I'll not only 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 describe in detail the closing costs so you are informed of exactly what you're paying for.
If you are buying a house in Palm Beach County, you'll 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 suitable range so you're not shocked when you get to the closing table. I'll be willing to go over the GFE with you, answering your questions and highlighting any estimates of concern.
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