Finding the right home at the right price is just one part of a home sale or purchase. All Prime Realty is seasoned at aiding both buyers and sellers when it comes to closings. E-mail or call us today at (561) 939-6301 if your needs include a real estate pro ready for the business side of buying and selling.

What closing costs should you expect?

There are certain expected expenses related to closing the sale of a house. These fees 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 guide you through the process.

Costs pertaining to your loan to be paid at closing    (Learn more)

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

At closing, the following taxes are usually paid    (Learn more)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Learn more)

  • Homeowners Insurance
  • Flood or Quake Insurance (optional)
  • Private Mortgage Insurance (PMI) (optional)
  • Title Insurance

Sellers: As we negotiate your transaction, I'll not only work to get the highest sales price, but I'll also advocate for lower closing costs. And once we've reached an agreement, I'll give a detailed list of the closing costs so you are informed of exactly where your money is going.

Buyers: When purchasing real estate 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 prior experience and is required to be within a suitable range so you're not astonished when you arrive at the closing appointment. I'll be happy to go through the GFE with you, answering your questions and highlighting any estimates that seem questionable.

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