CUSTOMARY CLOSING COSTS TO SELLER

• Owners title insurance policy and related title services: Promulgated premium rate is calculated at $5.75 per $1,000 of purchase price for the first $100,000; $5.00 per $1,000 thereafter up to $1 million; $3.00 per $1,000 over $1 million up to $10 million. There will be a closing fee ($150),  title search ($50) and the final title examination ($75)

• Reissue credit will apply if seller has been in the home for less than 3 years (this is calculated at $3.30 per $1,000 up to $100,000; and $3.00 per $1,000 over $1000,000); A copy of prior title policy may be required

• Documentary stamps on the deed are calculated at .70 per $100 ($100,000 = $700)

• Real Estate Commission and any transaction/processing fees applicable

• Pay off of existing mortgage

• Recording fee for satisfaction of mortgage: $10.00

• Taxes prorated to date of closing

• Courier fee: $25 per pay off; wire transfer fee: $35

• Home warranty if applicable: $250 - $395

• FHA/VA only – required inspections: $50 - $75 and any additional FHA/VA non-allowable fees

• Homeowner’s Association estoppel letter (verification of no HOA liens): $35 - $150
   

      CUSTOMARY CLOSING COSTS TO BUYER

• Recording fees for deed and mortgage: $10 for first page; $8.50 each additional page

• Documentary stamps on mortgage at .35 per $100 based on mortgage amount ($100,000 = $350

• Intangible tax on mortgage at .20 per $100 on mortgage amount ($100,00 = $200)

• Simultaneous issue title insurance (lender’s policy): $325.00

• Endorsement charges required by lender: $35 each except FL Form 9 & Navigational Servitude (10% of premium)

• Homeowner’s Association dues and transfer fee, if applicable

• Condominium dues, if applicable

• Survey: $275 and up; survey affidavit (if no survey is required; no charge)

• Termite inspection: $65 and up

• First year homeowner’s insurance & flood insurance, if applicable

18540 N. Dale Mabry Hwy. Lutz, FL 33548, 813-96-0422