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Settlement Item
|
Buyer Charge |
Seller Charge |
REAL
ESTATE COMMISSION |
n/a | per listing agreement |
LOAN
ORIGINATION |
1-3% of loan amt. | n/a |
LOAN
DISCOUNT |
1-3% of loan amt. | n/a |
APPRAISAL
FEE |
$200-$350 | n/a |
DOCUMENT
PREP FEE |
$50-$100 | n/a |
UNDERWRITING
FEE |
$100-$200 | n/a |
FLOOD
CERT. FEE |
$25-$50 | n/a |
TAX
SERVICE FEE |
$50-$95 | n/a |
EXPRESS
MAIL COURIER |
$25 per | n/a |
PRE-PAID
INTEREST |
daily rate | n/a |
MORTGAGE
INSURANCE |
1-1.5% of loan amt. | n/a |
HAZARD
INSURANCE PREMIUM |
1 year | n/a |
ESCROWS,TAXES,INSURANCE,
ASSESSMENTS |
per lender reqs | n/a |
SETTLEMENT
CLOSING FEE |
$150-$250 | n/a |
ABSTRACT/TITLE
SEARCH |
n/a | $50-$150 |
OWNER'S
TITLE INSURANCE |
based on purchase price | n/a |
LENDER'S
TITLE INSURANCE |
$25 if issue with owner's policy | n/a |
RECORDING
FEES |
$6 1st page, $4.50 each addtl. | $6 1st page, $4.50 each addtl. |
INTANGIBLE
TAX ON MORTGAGE |
$2 per $1000 of loan amt. | n/a |
DOC.
STAMPS ON THE DEED |
n/a | $7 per $1000 of purchase amt. |
DOC
STAMPS ON THE MORTGAGE |
$3.50 per $1000 of loan amt. | n/a |
SURVEY |
$250-$350 | n/a |
PEST
INSPECTION |
$50 | |
HOA/CONDO
FEES |
prorated | prorated |
PAYOFF
ON EXISTING MORTGAGES |
n/a | per lender estoppel |
TAX
PRORATIONS |
prorated | prorated |
HOME
WARRANTY |
n/a | $395-$595 |
