Title Expenses

SELLER EXPENSES

• Doc stamps on deed $.70 per $100 based on sales price
• Real estate commission
• Owners title insurance policy
• Payoff existing mortgage(s)
• Process satisfaction of mortgage
• Courier fee (if applicable)
• Taxes prorated to date of closing
• Home warranty (if applicable)
• Closing, Search and Exam Fees
• Document Retrieval/Storage

 
 

BUYER EXPENSES

• Recording fees for deed $10.00 first page; $8.50 each additional page
• Doc stamps on mortgage $.35 per $100 based on mortgage amount
• Intangible tax on mortgage $.20 per $100 based on mortgage amount
• Simultaneous issue mortgagee title insurance
• Endorsement charges
• Homeowners association dues and transfer fee (if applicable)
• Condominium approval fee and dues (if applicable)
• Survey
• Termite inspection
• 1st year homeowners insurance and flood insurance (if applicable)
• Prepaid interest - day of closing through end of month
• Appraisal fee
• Tax service fee
• Underwriting fee
• Document preparation fee
• Assignment of mortgage
• Flood certification fee
• Closing Fee
• Document Retrieval/Storage