Typical Buyer's Closing Cost

$__________

2% Transfer Tax (customarily buyer and seller each pay 1%) of sale price

$__________

Title Insurance - A contact for purchasers/lenders to protect against losses arising through defects in the title to the property.

$__________

Record Deed and Mortgages or Note

$__________

Notary Fee

$__________

Fire Insurance (buyer must produce policy by closing time)

$__________

Mortgage Preparation - All Document preparation is PAID at closing.

$__________

Adjustment for Taxes (real estate taxes are prorated to date of closing)

School Tax $________ annually July 1 to June 30

County/Twp./Borough Tax $__________ annually Jan. 1 to Dec. 31

$__________

Mortgage application fee (appraisal and factorial credit report - varies according to Lender)

$__________

Settlement Fee (charged by lending institution or solicitor)

$__________

Escrow Accounts for taxes and Homeowner Insurance are funded at closing. (When you use a lender.)

$__________

TOTAL

Optional Paid out of Closing

$__________ Building Inspection

$__________ Termite Inspection

$__________ Survey

$__________ Other

________________________________

________________________________

________________________________

________________________________

$__________

TOTAL

If you have something specific in mind, please E-Mail your request and I will promptly respond with promising possibilities.