Finding the right home at the right price is just one part of a home sale or purchase. Illustrated Properties Real Estate is experienced at helping both buyers and sellers when it comes to closings. E-mail or call us today at 561-809-8328 if your needs include a professional REALTOR® ready for the business side of buying and selling.

Closing costs you should expect

There are certain ordinary expenses linked to closing the sale of a house. These expenses are commonly divided between the buyer and seller, as directed 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 guide you through the transaction.

Closing costs that are tied to your mortgage    (Click here for details)

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

At closing, these taxes are usually paid    (Click here for details)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (Click here for details)

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

Sellers: As we hammer out your sale, not only will I work to get the optimal sales price, but I'll also campaign for limited closing costs. And once we've reached an agreement, I'll fully explain the closing costs so you know 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 past experiences and is required to be within a tolerable range so you're not startled when you reach the closing table. I'll be happy to look through the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.

 


Illustrated Properties Real Estate 610 E. Atlantic Ave. Delray Beach, FL 33483
Phone: Cell: Fax:

Copyright © 2012 Illustrated Properties Real Estate
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin LoginTerms of UseSite Map
All rate, payment, and area information are estimates and approximations only.



 
State:
County:
City:
Zip: