Title Charges

(Not for Cooperative Apartments:

Total Coop Title Charges are $350-$500 plus Transfer Tax)

Transfer Tax                                            Tax = Sales Price x .004

(NYC add 1.0% to 1.425%)

Mortgage Payoff (if any)                         Payoff on Existing Mortgage

(Call your Mortgage Bank at least 10 days

before closing and request Payoff Letter be

Faxed to your attorney)

Satisfaction of Mortgage (if any)            $ 50.00

Mortgage Payoff Pickup Fee (if any)       $ 200.00

Other Costs

Real Estate Broker Commission (if any)         3% to 6% of Sales Price

(Ask Real Estate Agent or Broker)

Termite Treatment / Repair (if required)        $ 600.00 to $1,200.00

C of O Problems (if required)                       $600.00 to $1,500.00

Property Condition Disclosure Credit             $500.00

(If you fail to provide the disclosure)

Legal Fee for Your Attorney        $850.00 to $1,250.00

May be higher for commercial properties

and if unusual problems occur

(such as Missing Satisfaction of Mortgage).

NOTE:   The Seller’s Closing costs above are only estimated / typical costs. Your actual costs will vary.  The amounts above Subject to Change without Notice.  Consult with your Attorney!