Estimated FHA closing costs for sellers -buyer getting an FHA loan
FHA LOAN SELLER’S CHARGES (buyers getting an FHA loan)
1. Loan Payoff (per existing lender’s payoff letter)
2. Commissions (per contract)
3. Title Insurance-Owner’s Title Policy
4. Tax Certificate
5. Prior Year Taxes Due
6. Prorated Taxes for the Current Year
7. Water & Sewer Bill
8. Record Release of Existing Loan
9. Inspection Fee*
10. Loan Discount Fee* -as per contract
11. Assignment of Deed of Trust* (if applicable)
12. Document Preparation* (if applicable)
13. Tax Service Fee*
14. Real Estate Closing Fee
15. Express Mail Fees (if applicable)
16. Homeowners Dues, Fees, etc.
*Amounts Determined by the New Lender Note: Buyer must pay all prepaid expenses. All other charges are negotiable if agreed to by all parties in the sales contract.
1. Loan Payoff (per existing lender’s payoff letter)
2. Commissions (per contract)
3. Title Insurance-Owner’s Title Policy
4. Tax Certificate
5. Prior Year Taxes Due
6. Prorated Taxes for the Current Year
7. Water & Sewer Bill
8. Record Release of Existing Loan
9. Inspection Fee*
10. Loan Discount Fee* -as per contract
11. Assignment of Deed of Trust* (if applicable)
12. Document Preparation* (if applicable)
13. Tax Service Fee*
14. Real Estate Closing Fee
15. Express Mail Fees (if applicable)
16. Homeowners Dues, Fees, etc.
*Amounts Determined by the New Lender Note: Buyer must pay all prepaid expenses. All other charges are negotiable if agreed to by all parties in the sales contract.
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