The following are customary Seller expenses:

1. Documentary stamp on Deed
   70¢/$100 based on sales price;
2. Owner's Title Insurance policy;
3. Abstract on Title Search fee;
4. Real Estate Commission;
5. Closing fee;
6. Title Examination Fee;
7. Satisfy existing mortgage(s);
8. Proration of property taxes; &
9. Courier, wire and warehousing fees.

The following are customary Buyer expenses:

1. Recording fee for Deed;
2. Documentary stamp tax on mortgage;
3. Intangible tax on Mortgage;
4. Mortgagee Title Insurance policy;
5. Endorsements to Mortgagee Title Insurance policies;
6. Survey;
7. Lender fees;
8. Closing fee;
9. Courier, wire and warehousing fees; &
10. Association fees (if applicable).

<< Back