Title Fees

Conventional Mortgage

Seller Expenses

• Doc stamps on deed $.70 per $100 based on sales price.
• Real estate commission
• Owners title insurance policy
• Payoff existing mortgage(s)
• Taxes prorated to date of closing
• Home warranty (if applicable)
• Closing and Search Fee

Buyer Expenses

• Recording fees for deed $10.00 first page; $8.50 each additional page and total recording of mortgage will approximately be  $180.00
• Doc stamps on mortgage $.35 per $100 based on mortgage amount
• Intangible tax on mortgage $.002 x mortgage amount
• Simultaneous issue mortgagee title insurance
• Endorsement charges
• Homeowners association dues and transfer fee (if applicable)
• Condominium approval fee and dues (if applicable)
• Survey
• Termite inspection
• 1st year homeowners insurance and flood insurance (if applicable)
• Prepaid interest – day of closing through end of month*
• Appraisal fee*
• Tax service fee*
• Underwriting fee*
• Document preparation fee*
• Assignment of mortgage
• Flood certification fee
• Closing Fee
• Document Retrieval/Storage

VA and FHA Mortgages

Seller Expenses

• Doc stamps on deed $.70 per $100 based on sales price.
• Real estate commission
• Owners title insurance policy
• Payoff existing mortgage (s)
• Courier fee (if applicable)
• Taxes prorated to date of closing
• Inspections required by FHA/VA or contract*
• Final inspection*
• Loan discount points (negotiable)*
• Tax service fee
• Underwriting fee* (VA Only)
• Document preparation fee* (VA Only)
• Assignment of mortgage
• Termite inspection – VA only
• Home warranty (if applicable)
• Flood certification fee
• Closing and Search Fee

Buyer Expenses

• Recording fees for deed $10.00 first page; $8.50 each additional page and total recording of mortgage will approximately be  $180.00
• Doc stamps on mortgage $.35 per $100 based on mortgage amount
• Intangible tax on mortgage $.002 x mortgage amount
• Simultaneous issue mortgagee title insurance
• Endorsement charges
• Homeowners association dues and transfer fee (if applicable)
• Condominium approval fee and dues (if applicable)
• Survey
• 1st year homeowners insurance and flood insurance (if applicable)
• Prepaid interest – day of closing through end of month*
• Loan origination fee and points*
• Loan discount points (negotiable)*
• FHA upfront MIP – FHA only
• VA Funding fee – VA only
• Closing fee/FHA

Cash Transaction

Seller Expenses

• Doc stamps on deed $.70 per $100 based on sales price.
• Real estate commission
• Owners title insurance policy
• Payoff existing mortgages (if applicable)
• Taxes prorated to date of closing
• Home warranty (if applicable)
• Closing and Search Fee

Buyer Expenses

• Recording fees for deed $10.00
• Homeowners association dues and transfer fee (if applicable)
• Condominium approval fee and dues (if applicable)
• Survey at buyer’s option
• Termite inspection at buyer’s option
• 1st year homeowners insurance and flood insurance (if applicable)
• Closing Fee

Miscellaneous Fees

• Simultaneous Issue $325.00 to $350.00.
• ALTA Endorsements $50.00 to $65.00 each.
• Florida Form 9 – 10% of promulgated rate.

Additional Information

Regarding all types of transactions, charges shown are estimates only. Actual charges may vary depending on lender and contract requirements. Please refer to your contract and verify costs with your lender.

* Please check with lender for these costs and any other charges lender may require. Fees and types of costs vary for each lender. A lender is required to prepare a Good Faith Estimate for any costs incurred in connection with a new mortgage.

Closing tips

Lenders seldom allow escrows for repairs.

Just because it is included in the contract, don’t assume that the lender has approved it. Check with the lender for special or unusual contract conditions and get approval for such conditions in writing as soon as possible.