Bank costs:
• Application & Appraisal
• Points (1 pt. = 1% of mtg. |
$200 - $500
1 - 2 1/2 points
|
| Tax excrow |
Determined by bank (usually six months) |
| Possible insurance escrow |
$? |
| Interest adjustment |
Varies on day you close in month |
| Attorney's fee (personal) |
$750-$1500 |
| Attorney's fee (bank) |
$500+ |
| Recording fee |
$10- 1 page
$15- 2 page |
| Title Search |
$100-$150 |
| Title Insurance |
$275.00 - $100,000
$2.75 per $1000 |
| Tax adjustment |
Buyer reimburses seller for taxes paid in advance |
| Survey |
If owner's is not current |
| Common charges |
Varies with associations |
|
|
| Possible Inspections: |
|
| • Structural |
$250 and up |
| • Water Potability |
$40-$75 |
| • Radon (air & water) |
$125 and up |
| • Septic |
Include in some |
| • Asbestos |
$250 and up |
| • Termite |
Included in some |
| • Inground Oil Tank |
$350-$500
|
|
|
| Septec Cleaning |
$200-$300
|
| Homeowner's Insurance |
$600-$2000 |
| Flood Insurance (if appropriate |
Varies |
