Finding the right home at the right price is just one aspect of a real estate transaction. Clasificados Online De Propiedades En Puerto Rico is experienced at aiding both buyers and sellers when it comes to closings. E-mail or call us today at 1-888-538-0390 if your needs include a real estate pro experienced in the business side of real estate.

What closing costs should you expect?

There are certain normal costs associated with closing the sale of a house. These costs are usually split 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 Puerto Rico to help lead you through your deal.

Costs pertaining to your loan to be paid at closing    (Details)

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

Taxes commonly paid at closing    (Details)

  • Property Taxes
  • Transfer Taxes and Recording Fees

At closing, these fees are often due    (Details)

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

Sellers: As we hammer out your transaction, not only will I work to get the optimal sales price, but I'll also push for reduced closing costs. And once we've reached an agreement, I'll describe in detail the closing costs so you know exactly where your money is going.

Buyers: If you are buying a house in Guaynabo County, you will receive 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 previous experience and is required to be within a suitable range so you're not stunned when you get to the closing appointment. I'll be willing to review the GFE with you, answering your questions and highlighting any estimates that seem off.

            
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