Settlement Item |
Buyer Charge |
Seller Charge |
 |
||
Real Estate Commission |
N/A |
Per Listing Agreement |
Loan Origination |
1-3% of loan amount |
N/A |
Loan Discount |
1-3% of loan amount |
N/A |
Appraisal Fee |
Approx. $200-$350 |
N/A |
Document Prep Fee |
Approx. $50-$100 |
N/A |
Underwriting Fee |
Approx. $100-$200 |
N/A |
Flood Certification Fee |
Approx. $25-$50 |
N/A |
Tax Service Fee |
Approx. $50-$95 |
N/A |
Express Mail Courier |
Approx. $25 per delivery |
N/A |
Pre-Paid Interest |
Computed on a daily rate |
N/A |
Mortgage Insurance |
Approx. 1-1.5% of loan amount |
N/A |
Hazard Insurance Program |
1 year coverage |
N/A |
Escrows, Taxes, Insurance & Assements |
Per Lender requirements |
N/A |
Settlement Closing Fee |
Approx. $150-$250 |
N/A |
Abstract/Title Search |
N/A |
Approx. $50-$100 |
Owner's Title Insurance |
Based on Purchase Price |
N/A |
Lender's Title Insurance |
$25 if simultaneous issue w/ owners' policy |
N/A |
Recording Fees |
$6 1st Pg., $4.50 each additional |
$6 1st Pg., $4.50 each additional |
Intangible Tax on Mortgage |
$2 per $1000 of loan amount |
N/A |
Doc. Stamps on the Deed |
N/A |
$7 per $1000 of purchase price |
Doc. Stamps on the Mortgage |
$3.50 per $1000 of loan amount |
N/A |
Survey |
Approx. $250-$350 |
N/A |
Pest Inspection |
N/A |
Approx. $50 |
HOA/Condominium Fees |
Prorated |
Prorated |
Payoff on Existing Mortgages |
N/A |
Per lender estoppel |
Tax Prorations |
Prorated |
Prorated |
Home Warranty |
N/A |
Approx. $395-$595 |
* Information provided by Southern Escrow and is based on Industry Standards * Responsibility of payment is subject to contract negotiations |
||
|
