When deciding to buy or sell a home, there are many factors to consider. Since there are so many decisions to be made it can be difficult to juggle them all in your mind – especially when you are new to the buying or selling process. But, there is one factor that many forget about when buying or selling a house: closing costs.
Closing costs can be incurred by both the buyer and the seller at the end of a real estate transaction, and the number can often take you by surprise. That’s why it is important to have a rough idea of your closing costs before you commit to buying or selling a home.
According to the Palm Beach Post, mortgage closing costs in Florida almost match the national average. For example, on a $200,000 mortgage, Florida’s closing costs would be $2,180 where the national average is $2,128 – well below Hawaii’s $2,655 and New York’s $2,560.
With mortgage rates near record lows and Florida’s closing costs right around the national average, now is the perfect time to buy or sell your Florida home. Since buying and selling can be overwhelming, it is important to work with a Realtor who can guide you along the way. At Leibowitz Realty Group, we pride ourselves on providing top-notch service and unsurpassed expertise to each of our clients in the Palm Beach Gardens, Jupiter Mirasol and throughout Palm Beach County, Florida.
If you are looking to buy or sell a luxury home in Palm Beach County, Leibowitz’s team of experts are ready to assist you. With an extensive knowledge of the various country club memberships and amenities, we can answer all your questions and break down the costs of buying a new home along the way. Plus, with access to numerous properties all throughout the region, we can help you find the perfect property for you or help showcase all the amazing benefits of your property to prospective buyers.
To learn more about selling your home with the help of Leibowitz Realty Group or if you need help exploring potential homes to buy in the Palm Beach County area, call us today at 561-262-0721 or 561-262-0722.