Don't forget to factor in closing costs when considering a home sale or purchase. D'Addio Realty is experienced at aiding both buyers and sellers when it comes to closings. E-mail or call us today at 561-499-HOME if your needs include a real estate pro experienced in the business side of real estate.

Anticipated closing costs

There are certain typical expenses associated with closing the sale of a house. These fees are often divided between the buyer and seller, as dictated 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 show you through your process.

Costs pertaining to your mortgage to be paid at closing    (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 negotiate your sale, not only will I work to get the highest sales price, but I'll also campaign for reduced closing costs. And once we've arrived at an agreement, I'll explain in detail the closing costs so you know exactly where your money is going.

Buyers: If you're purchasing a home in Palm Beach County, you'll 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 an acceptable range so you're not astonished when you arrive at the closing appointment. I'll be willing to look through the GFE with you, answering your questions and highlighting any estimates that are uncertain.

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