Interest on the loan. Interest covering the
period from date of closing until end of the month.
Title Insurance. Often the banks require this
Survey Fees. If not recently surveyed the Lender
or Title Insurance Company may require a registered survey or map
showing the location of the house and the boundaries of the property, as
well as easements and rights of way.
Recording Fees. The buyer usually pays the fee
for legally recording the new deed and mortgage.
Homeowners Insurance. Proof of current policy is
necessary at the closing.
Adjustment Costs. Paid to the seller at closing
(where applicable). May include buyer's share of pre-paid property
taxes, heating oil remaining in the tank, and sewer service charge.
Šopyright J. Dorio Realty, 2006.
All Rights Reserved.