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Understanding Closing Costs For Your Palm Beach Real Estate Transaction


There are certain standard costs associated with the closing of escrow for a Palm Beach  County real estate transaction. These fees are split between the buyer and seller, as set forth in the purchase contract.

 

To some extent, allocation of the fees between the parties is negotiable.

 

As we negotiate your purchase contract on your behalf, we will strive not only to get you the purchase/sale price that you desire, we will also seek to limit the amount of closing costs for which you are responsible.


Standard Closing Costs:

  • Loan-related costs (e.g., origination fee and points, appraisal fee, property inspection)
  • Tax-related costs (e.g., pro-rated property taxes, transfer taxes, recording fees)
  • Insurance-related costs (e.g., property insurance, mortgage insurance, title insurance)

 

The Rucco Group will be with you at every step of the closing process for your Palm Beach real estate transaction! Do you have questions now about the process? Just ask!

 

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