UNDERSTANDING YOUR NUMBERS AS A SELLER
UNDERSTANDING YOUR NUMBERS AS A BUYER
SELLER EXPENSES
TYPICAL COST
BUYER EXPENSES
TYPICAL COST
COMMISSION
LOAN ORIGINATION FEE
VARIABLE
$1,000 - $2,000
PROPERTY TAXES
PROCESSING FEE
$1,200 - $1,500
$400 - $600
OWNER’S TITLE INSURANCE
CREDIT REPORT
$1,400 - $3,500
$25 - $50
ESCROW FEES
APPRAISAL
$600 - $800
$400 - $600
HOA TRANSFER FEES
HOME INSPECTION
$200 - $400
$400 - $500
HOME WARRANTY
ESCROW FEES
$400 - $600 (If applicable)
$500 - $800
MORTGAGE PAYOFF
TITLE INSURANCE
VARIABLE
$1,600 - $2,500
LOAN RECONVEYANCE FEE
HOMEOWNERS INSURANCE
$50 - $65 (If applicable)
$200 - $300
RECONVEYANCE RECORDING FEE
PREPAID TAXES AND INSURANCE
$30 - $40 (If applicable)
$800 - $1,500
The figures above are intended to give you a general idea of costs and could be less or more then the amounts stated. Actual costs vary per lender, loan amount, property type and other factors.
The figures above are intended to give you a general idea of costs and could be less or more than the amounts stated. Actual costs vary per lender, loan amount, property type and other factors.
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