Buyer’s Expenses

 

Mortgage 

Mortgage Points

Appraisal- This is a fee required by the lending institution home before they approve your loan.

Credit Report

Recording fees for the mortgage

Lender Fees

Title/Closing

 Title Examination

Title Update (from delivery to closing)

Document Preparation

Courier fees

Mortgagees attorneys fee

Recording fees: $6.00 first page, $4.50 each additional page

Documentary stamps on the note: $.35 per $100.00of note amount

Intangible tax on the mortgage $.20 per $100.00 of mortgage amount

Survey

Other

Inspection Fee

2 – 4 months property taxes

14 months hazard insurance

14 months flood insurance (if required)

14 months windstorm insurance (if required)

Prepaid Interest

Attorney Fees should you wish to hire an attorney to represent you