Closing Costs
Unlike Most Title Agencies that are Owned and Operated by Attorneys, we are a Title Company Built by Highly Experienced Real Estate Brokers and Specifically Designed to Professionally Service the Real Estate Industry.
Expenses and Breakdown of a Typical Conventional Mortgage:
Seller
Title Search and Exam Fee
Municipal Lien Search Fee
Estoppel Fee
Remote Online Notary Service Fee (if applicable)
Real Estate Taxes prorated for the date of closing
Documentary Stamps on the Deed
Owner's Title Insurance is State promulgated:
Owner's Title Insurance is State promulgated:
$575.00 for the first $100,000.00 of the sale price and $5.00 for each $1,000.00 of the sales price thereafter
02
Buyer
Closing or Settlement Fee
Recording fees for the deed are $10.00 for the first page, $8.50 for each additional page
Documentary Stamps on the mortgage are $0.35 per $100 based on the mortgage amount
Intangible tax on mortgage at $0.002 x mortgage amount
Endorsements
Lenders Title Insurance Policy
Homeowners association dues and transfer fee (not in all cases)
Survey
Termite Inspection
Homeowners Insurance
Prepaid Interest
Appraisal Fee
Tax Service Fee
Underwriting Fee
Document Preparation Fee
Assignment of mortgage
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