CHARGES TO THE BUYER:
Owner's Title Insurance (State promulgate Rate) Simultaneous issues of Mortgage Title Insurance Recertification & Title Examination Settlement/closing fee Mortgagee required endorsement (state promulgated rate) Documentary stamps on note Courier fees Prepaid Homeowners/Flood Insurance (if applicable) Survey (if applicable) Roof/Termite inspections Recording fees for deed, mortgage & condominium approval CHARGES TO THE SELLER: Real estate commission Abstracting fee Record satisfaction Courier fee Lien/tax search Documentary stamps on deed Taxes prorated from Jan 1 to date of closing Payoff of existing mortgages CONVENTIONAL MORTGAGE: TYPICAL CHARGES TO SELLER Real estate commission Abstracting fee Payoff of existing mortgages (interest in arrears) Recording fee for satisfactions, affidavits etc. Taxes prorated from Jan 1 to date of closing Documentary stamps on deed Lien/tax search Document preparation fee if seller does not have an attorney SELLER OR LISTING AGENT TO PROVIDE THE FOLLOWING: Complete executed contract Legal name, marital status address, phones numbers Copy of Warranty Deed Copy of Owner's Title Insurance Existing mortgage information Condominium/Homeowners Association. information if applicable Current tax bill, if available Survey, if available |