What closing costs should you expect?There are certain ordinary costs accompanying closing the sale of a house. These fees are often split 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 lead you through your process.
Costs pertaining to your mortgage to be paid at closing (Details)
Taxes commonly paid at closing (Details)
Insurance fees due at closing (Details)
Sellers: As we hammer out your deal, I'll not only work to get the optimal sales price, but I'll also campaign for limited closing costs. And once we've come to an agreement, I'll fully clarify the closing costs so you are informed of exactly where your money is going.
Buyers: If you're buying real estate in Palm Beach County, you will get a "Loan Estimate" (LE) 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 an appropriate range so you're not surprised when you arrive at closing time. I'll be happy to review the LE with you, answering your questions and highlighting any estimates that seem unusual.