Typical Closing Costs

SELLER COSTS

Real Estate Commission

Owners Title Insurance Premium

Title Search Fee

Title Examination

Condo Doc Fee

Title Credit (per contract)

Documentary Stamps on Deed (.70% of Sales Price)

Real Estate Taxes (prorated)

HOA Dues (prorated)

Processing / Closing Fees

Attorney Fees

Closing Fee

Mortgage Payoff (if applicable)

All  Liens, Judgments, Tax Liens and any outstanding assessments

Recording Fees

 

 

BUYER COSTS

Cash Buyer

Owners Title Insurance (risk rate)

Recording Fees (Deed)

Recording Fees (Certificate of Approval)

Processing Fees

Title Search Fee

Prorated Homeowners Association Fees

Survey (Optional)

Condominium Transfer Fee (if any)

Homeowner's Association Fee (if any)

Hazard Insurance

Additional Costs when obtaining a mortgage

Credit Report Fee

Lender Fees

Document Preparation Fee

Mortgage Title Insurance

Endorsements to Title Policy (usually 10% of Title Insurance)

Recording Fees (Mortgage)

Documentary Stamps (.35% of Loan Amount)

Intangible Tax (.20% of Loan Amount)

Appraisal

Survey

Prepaid Taxes and Insurance Escrows

VA/FHA/USDA Fees (if applicable)