Real Estate Services* 

FEE SCHEDULES*

Buyer’s Fees

Contract Preparation

Settlement Fee

H

0

Construction Financing

$250 – $500

$595 for standard residential closings

$495 for refinances

$795 for standard commercial closings

$75 per draw

Title Search/Abstract (estimate)

Construction draw updates

$100-$150 (River City Title or other title insurance company)

$35 (River City Title)

(other companies may be higher)

Title Insurance Binder

$150 (River City Title)

(other companies may be higher)

Recording Fee

$55 (River City Title)

(other companies may be higher)

Preparation of cover sheets required by some counties (if applicable)

$25 each

Courier/Overnight Carrier packages

$25 each

Title Insurance

(Owner’s and Lender’s Policy)

* I recommend enhanced coverage (Old Republic Homeowner’s Title Policy), which will be ordered for residential purchases unless otherwise specified. Rates are subject to change and are not controlled by my office.

$3.90 per $1,000 of sale price

+ $100 for lender’s policy*

$4.90 per $1,000 of sale price for enhanced policy

+ $100 for lender’s policy

*If you can obtain a recent title insurance policy from the owner/seller of the property, we can usually use that policy to obtain a re-issue title insurance rate, which may save up to 40% on the costs of title insurance.

Seller’s Fees

Contract Preparation

Complete Seller Representation: Contract review, Document Preparation, Closing Statement review

Deed Preparation Only:

Deeds of Gift, Quitclaims, etc.

Deed Preparation services for Title Companies and other volume producers:

$250 – $500

$395

0

$175

$150

$150

Courier or overnight mail packages

$25

Obtaining payoffs and releases

$50

Other Services

Preparation of Promissory Note and Deed of Trust

$350

Preparation of Rent-back Agreements, Escrow Agreements, Contract Addenda

$150 – $250

Preparation of Residential Leases

Preparation of Commercial Leases

$275

$275-$500

Preparation of Subordination Agreements, Powers of Attorney, Easements, Options, Modification Agreements

$150-$250

Hourly rate for most non-flat fee services

$325

State and County Recording Fees and Transfer Taxes

Clerk’s Recording Fees*:

Deed

Deed of Trust (mortgage)

Release/certificate of

satisfaction of paid-off

mortgage

BUYER RESPONSIBILITY

$31

$32-66

SELLER RESPONSIBILITY

$31

Transfer taxes based on the purchase price:*

VA tax for Deed

County/City tax for Deed

.0025% of sale price

.00834% of sale price

n/a

Transfer taxes based on the mortgage amount:*:

VA tax for Mortgage

County/City tax for Mortgage

.0025% of mortgage amount

.00834% of mortgage amount

n/a

Grantor Tax*

n/a

.001% of sale price

*Please note that these calculations are for demonstrative purposes only. Some fees vary by county or city, and fees and taxes change from time to time.

THE FOLLOWING FEES MAY BE CHARDED BY YOUR LENDER. YOU SHOULD RECEIVE A GOOD FAITH ESTIMATE OF ALL CHARGES, WHICH WILL INCLUDE AN ESTIMATE OF THE CHARGES AND COSTS LISTED ABOVE. ALL OF THE FEES LISTED BELOW VARY FROM LENDER TO LENDER.

  • Lender fees may include:
    • “Points” (1 point =1% of loan amount)
    • Appraisal/Application Fees
    • Credit Report Fees
    • Document Preparation Fees
    • Underwriting Fees
    • Flood Certification Fees
    • Tax Service Fees
    • Processing Fees
    • Interest Rate Lock-In Fee
    • Mortgage Broker commissions and fees
  • Prepaid Items:
    • Real Estate Tax Escrows
    • Hazard Insurance Escrows
    • Homeowner’s Association or Condominium Dues
    • Mortgage Insurance
    • Interim Interest
 

* Please note that the fees stated herein are subject to change. If you retain my services, you will be given an exact quote for my fees. The government fees stated above are estimates only based on current regulations and are subject to change from time to time.