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Explanation of homestead & tax valuations:
Use our Closing Costs Calculator. This program is designed to estimate the closing costs for both the buyer and seller based on a specific sales price and loan amount you enter below. It does not include closing costs charged by a buyer’s lender.
The payment of closing costs is a negotiable term of your real estate contract. The above allocation represents the customary allocation in Palm Beach County, Florida.
In addition to the costs shown above, taxes and assessments will be prorated between the parties at closing. Courier fees are charged when the delivery of documents is required.
The seller typically pays for warranty deeds, documentary stamps, title insurance, and commissions.
Closing costs are customarily, but not always, divided between the buyer and seller, as follows*:
* Prices are subject to change without notice
You will want to have these items complete or in hand when you come to the closing (please confirm with your escrow officer prior to closing):
Jeff, Just a brief note of thanks for a job well done! With the market being so depressed and flooded with homes for sale, it was a minor miracle...Read More >
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