*Typical Closing Costs

Typical Closing Costs – Conventional Mortgage

Seller’s Expenses:

Doc Stamps on Deed (70¢ per $100 of the sale price)
Pay Off Existing Mortgage Loans
Title Services
(including title search and closing/settlement services and title insurance. Could be Buyer or Seller’s expense, depending upon contract provisions)
Owner’s Title Insurance Premium [Closing Cost Calculator©]
Real Property Tax Proration
Recording Fees – Satisfaction of Mortgage, Curative Documents
Prorate Condo/HOA Charges
Real Estate Brokerage Commission
Condo / HOA Estoppel Fee
Lien Search Fee

Buyer’s Expenses:

Condo/HOA Approval Fee
Recording Fees (Deed, Condo/HOA Approval, Mortgage)
Prorate Condo/HOA Charges
Homeowners Insurance
Flood Insurance (if applicable)
Inspection Costs
Survey
Real Property Tax Proration
Permit Search Fee
Title Services
(including loan closing services and Lender’s title insurance. Could be Buyer or Seller’s expense, depending upon contract provisions.)
Simultaneous Issue Mortgage Title Insurance
Title Endorsements (including Florida Form 9)
Loan Discounts or Points
Doc Stamps on Mortgage (35¢ per $100)
Intangible Tax on Mortgage (.002 x mortgage amount)
Escrow (taxes, insurance, condo/HOA fees, mortgage insurance)
Lender’s Attorneys’ Fees
Document Preparation
Appraisal Costs
Tax Service Fee
Termite Report
Credit Report
Environmental Report
Flood Certification Fee

Typical Closing Costs – Cash

Seller’s Expenses:

Doc Stamps on Deed (70¢ per $100 of the sale price**)
Pay off Existing Mortgage Loans
Title Services
(including title search and closing/settlement services and title insurance. Could be Buyer or Seller’s expense, depending upon contract provisions)
Owner’s Title Insurance Premium
Real Property Tax Proration
Recording Fees – Satisfaction of Mortgage, Curative documents
Prorate Condo/HOA Charges
Real Estate Brokerage Commission
Condo / HOA Estoppel Fee
Lien Search Fee

Buyer’s Expenses:

*These are examples only