Finding the right home at the right price is just one aspect of a real estate transaction. PRP Realty Investments Inc. is seasoned at helping both buyers and sellers when it comes to closings. E-mail or call us today at 561.301.7112 if your needs include a professional REALTOR® experienced in the business side of real estate.

Expected closing costs

There are certain typical expenses related to closing the sale of a house. These fees are commonly divided between the buyer and seller, as noted 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 deal.

Closing costs that are tied to financing    (Click here for more information)

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

Taxes you may be responsible for at closing    (Click here for more information)

  • Property Taxes
  • Transfer Taxes and Recording Fees

Insurance fees due at closing    (Click here for more information)

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

Sellers: As we get through the details of your transaction, I'll not only work to get the optimal sales price, but I'll also push for limited closing costs. And once we've reached an agreement, I'll explain in detail the closing costs so you are aware of exactly what you're paying for.

Buyers: If you are purchasing real estate in Palm Beach County, you will be given 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 appropriate range so you're not astonished when you arrive at closing time. I'll be glad to go over the GFE with you, answering your questions and highlighting any estimates that appear to be out of the ordinary.

PRP Realty Investments Inc. 9486 Worswick Ct. Wellington, FL 33414
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