VA and FHA Transactions

           Charges to Seller

    1. Doc. Stamps Deed at 70¢ per $100.00
         (based on Purchase Price)
    2. Abstract or Credit towards Buyers Title Insurance
    3. Real Estate Commission
    4. Pay off Existing Loans
    5. Record Satisfaction of Mortgages - $10.00 each
    6. Discount Points
    7. Commitment Fee
    8. Termite Report - $75.00
    9. Tax Service Fee
    10. Tax Proration at Closing Date
    11. Assignment of Mortgage

 

Charges to Buyer

    1. Origination Fee - Prevailing
    2. Credit Report - Approximately $65.00
    3. Appraisal Fee - $300.00
    4. Prepaid Interest - Day of Closing to end of current month
    5. First Year Homeowners Insurance Premium and/or
         First Year Flood Insurance (if applicable)
    6. Survey - $400.00 to $500.00
    7. Owners and/or Lenders Title Insurance
    8. Escrows
    9. Recording Fees:
      1. Deed - $10.00
      2. Mortgage - $137.50
      3. Int. Tax Mortgage - 20¢ per $100.00
      4. Doc Stamps Mortgage - 35¢ per $100.00
    10. VA Funding Fee
    11. FHA MIP