What fees are there in addition to the purchase price?
• Typical closing costs include an escrow fee, title insurance, and prorated property taxes. The Buyer and Seller will split escrow fees and the Buyer is responsible to pay for title insurance (if so desired). Property taxes will be prorated such that the Seller is responsible for property taxes up until the date escrow closes. We can give you a ballpark figure of the closing costs; however, the escrow company is responsible to provide us with this information. • For owner-financed properties, a monthly loan servicing fee of $15.00 will be included in your monthly payment to cover the cost of maintaining the loan account by the loan-servicing agency.
• Typical closing costs include an escrow fee, title insurance, deed preparation, prorated property taxes, etc. Property taxes will be prorated such that the Seller is responsible for property taxes up until the date escrow closes, and the remaining fees vary by county/state. Just ask us and we can give you a ballpark figure of the closing costs; however final closing cost amounts may not be determined until the closing date. • For owner-financed properties, a monthly loan servicing fee of $15.00 will be included in your monthly payment to cover the cost of maintaining the loan account by the loan-servicing agency.
Related Questions
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