Selling a home in Lake Worth Beach or non-HOA pockets like College Park involves specific state and county closing expenses, including Florida documentary stamp taxes ($0.70 per $100), title insurance search fees, and municipal utility payoff adjustments. By listing with New Way Real Estate for 1.5% instead of a legacy 3% commission, Lake Worth sellers protect thousands of dollars in hard-earned home equity.
- Key Seller Closing Costs in Lake Worth
Florida Deed Transfer Tax (Doc Stamps): State law mandates $0.70 per $100 of total purchase price. On a $500,000 sale, doc stamps equal $3,500.
Title Search & Owner’s Policy: By local Palm Beach County custom, the party selecting the title agent covers the owner’s policy.
City Utilities & Liens: Municipal water/sewer balances in Lake Worth Beach must be cleared at the closing table.
- Net Equity Comparison ($550,000 Lake Worth Home)
Traditional 3% Listing Fee: $16,500
New Way 1.5% Listing Fee: $8,250
Direct Seller Savings: $8,250
