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The following are the usual closing costs, but these costs may vary for each transaction.
Charges to Seller
- Owner's Title Insurance
- Doc Stamps on Deed per $100 (Based on sales price)
- Title Search Fee
- Real Estate Broker Commission, if applicable
- Pay-off Existing Mortgage/Lien(s), if applicable
- Recording fee for satisfaction of mortgage, if applicable
- Tax Proration: January 1 to closing date
- Lien Search
Charges to Buyer
- Owner's Title Insurance
- Update/Recertification Fees
- Recording Fees
- Inspection Costs: Roof and termite etc.
- Proration of maintenance and appliance contracts, if applicable
Charges to Seller
- Owner's Title Insurance
- Doc Stamps on Deed per $100 (Based on sales price)
- Title Search Fee
- Real Estate Broker Commission, if applicable
- Pay-off Existing Mortgage/Lien(s), if applicable
- Recording fee for satisfaction of mortgage (if applies)
- Tax Proration: January 1 to closing date
- Lien Search
Charges to Buyer
- Owner's Title Insurance
- Simultaneous issue Mortgage Title Insurance (Lenders Policy)
- Update/Recertification Fees
- Doc Stamps on mortgage amount per $100
- Intangible tax on mortgage per $100 mortgage amount
- Recording fees
- Escrows: Homeowners Insurance
- Taxes: Depending on Month
- Flood Insurance (if applies)
- PMI Insurance (if applies)
- One year Homeowners Insurance Policy
- One Year Flood and PMI (if applies)
- Bank's Tax Service and Doc Prep Fees
- Credit Report Fee
- Inspections Roof and Termite
- Survey
- ALTA Endorsements to lender's policy
- Florida Form 9 (10% of title insurance)
- Appraisal Fee
- Interest: Day of closing to end of month
- Proration of maintenance and appliance contracts (if applicable)
Charges to Seller
- Owner's Title Insurance
- Doc Stamps on Deed per $100 (Based on sales price)
- Title Search Fee
- Real Estate Broker Commission
- Transfer Fee / Assumption Fee (per contract)
- Amount of mortgage loan being assumed
- Interest proration on mortgage
- Tax Proration: January 1 to closing date
- Pay-off and record satisfaction of any 2nd mortgage, if applicable
- Lien Search
Charges to Buyer
- Owner's Title Insurance
- Update/Recertification Fees
- Transfer Fee / Assumption Fee (per contract)
- Escrow Account Balance of mortgage assumed
- One year / prepaid homeowners and /or flood insurance (if applies)
- Proration of maintenance and/or appliance contract (if applies)
- Survey (if desired)
- Credit Report Fee
- Inspection Costs: Roof and termite etc.
- Recording Fees
- Doc stamps on mortgage amount per $100
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