Estimated Closing Fees

There are a number of variables inlcuded in "closing costs". The majority of fees are based upon the cost of the home; the expense is based upon a cost per basis. The largest variable will come from the lender as those fees are negotiated outside of these. The list below will give you an idea of our estimated rates.

Attorneys Fee......................................................$450.00

Lender’s Title Insurance...........$1.95 per thousand of loan amount

Owner’s Title Insurance............$1.75 per thousand of purchase price

Title Exam..............................................................$175.00

Title Binder Fee..........................$75.00 (if applicable)

Wire Charges.....................................$23.00 per payoff

Courier Fee.............................................................$50.00

Recording/Filing Fee.......................................... $80.00

Intangible Tax.............................$3.00 per thousand of loan amount

Transfer Tax...............................$1.00 per thousand of purchase price

*Simultaneous 2nd..........................$200.00 (Title Fee)
*Recording/Filing on 2nd...................................$40.00

Settlement fee................$125.00 (reverse mtg only)
 

Scott G. Mills, Attorney
EMAIL
Mills & Associates
137 Johnson Ferry Road
Marietta, Georgia 30068
Phone: 770-874-1988
Fax: 770-874-1989