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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):
We bought our home 6 years ago and as first time homeowners Charlie made us feel comfortable in the process. His knowledge and negotiation abilities...Read More >
When my husband and I decided to purchase a vacation home in Florida a friend recommended Abe to us. From our initial meeting we were impressed...Read More >
Dear Jeff,I have appreciated receiving all of your helpful hints and updates these last months. Thank you. Have a good day.Beverly Rosenstein Resort...Read More >
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