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  • Writer's pictureTitle Experts of South FL

What are the buyer closing costs?

Buying a property is one of the most exciting events in a lifetime.



The Buyer generally will pay:


1. Lenders title policy premium, if is a new loan;


2. Escrow fee, one half; Document preparation, if applicable;


3. Notary fees, if applicable; Recording charges for all documents in Buyers names;


4.Homeowner's Association transfer fee, one half;


5. All new loan charges (except those required by lender for Seller to pay);


6. Interest on new loan from date of funding to 30 days prior to first payment date;


7. Assumption/change of records fees for takeover of existing loan;


8. Beneficiary statement fee for assumption of existing loan;


9. Home warranty premium per contract;


10. Hazard insurance premium for first year;


11. and All pre-paid items, such as interest, or funds for an escrow account.


Let Title Experts of South Florida provide you with a free quote today. We offer competitive and accurate fees so you can plan and be ready to enjoy your new real estate home.





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