selling costs are typically around 10%. it's important to shop a few title companies to get the best rates & avoid bogus & inflated fees (courier fee, processing fee etcâ€¦)
in palm beach county the seller does typically pay for title insurance, however, that can be negotiated.
contact me directly & I'll be happy to sell your home for top dollar & help ensure you get a low cost title quote.
Real Estate Sales Agent at Coldwell Banker Boca Raton
firstname.lastname@example.orgÂ (direct email)
561-809-6565Â phone or text
Office & Mailing Address
Rhett WinslowÂ atÂ Coldwell Banker
1 S. Ocean Blvd.Â Suite 2
Boca Raton, Florida 33432
2X Sterling Award Winner | Top 3.3% nationwide | over 151 Closed
Commission approx 6% 8400.00
Title insurance $775.00 owner policy is the least that they can charge plus closing fees of about $225.00 Title search recording fees satisfaction of mortgage and followup $35.00 Lien Search $40.00
Doc Stamps (tax on sale) $980.00
visit boca raton real estate bocarealestators.com for real estate information
Your closing costs are aprox. 1.75% on top of the commission. You will also owe a pro-rated amount towards your taxes from Jan 1 2008 until close date. If I can be of further assistance, please don't hesitate to call me at 561-945-4348.
There will be costs associated with selling your condo beyond the real estate commission.
First, there is the deed transfer which is about $980 ($140,000 x .007=$980) and then there is the title insurance (Seller pays in Palm Beach County) which is approximately $775. There are also miscellaneous costs such as prorating taxes on the property (credits and debits), HOA fees, etc. and the title company fees (fedex, etc.).
The title company that you are working with can give you a more complete picture of what your costs are by giving you a preliminary HUD (closing statement) which will reflect those expenses.
I hope that helps.