Page 28 - TedBookBuyer2023
P. 28
Buyer’s Cost
Own attorney Varies
Lender’s attorney fees Varies
Condo/HOA approval fee Varies
Prorate condo/HOA charges Varies
Recording fee Usually $10 for the first page; $8.50
for additional pages
Survey fee $200–$800 based on size of land
Appraisal fee $300–$500
Property inspection fee $400–$800
Doc stamps on mortgage $0.35 per $100 of the sale price
Real estate tax Prorated at closing
Permit search fee Varies
Permit search fee $400–$800 INDUSTRY
Title search and insurance • Purchase prices up to $100,000: $5.75 per $1,000
(if you live in Sarasota, Collier, Miami-Dade • Purchase prices over $100,000: $5 per $1,000 EXPERT
or Broward County)
Title endorsements Varies
Intangible tax on mortgage $2 per $1,000 of mortgage amount
Settlement and closing fee $300–$800
Document preparation fee Varies
Courier fee $20–$75
Termite or pest inspection fee $100–$150
Credit report $15
Environmental certification report Varies
Flood certification fee $15
Homeowners insurance Varies
Mortgage insurance — Varies
if down payment is less than 20%
Miscellaneous condominium fees Varies