Home Buying in Venice>Question Details

DIANE, Other/Just Looking in 18954

There used to be a module in Trulia to calculate Sellers Settlement Costs and Buyers Settlement Costs. Was that removed?

Asked by DIANE, 18954 Thu Apr 25, 2013

I'd like to get a list of Buyer's Settlement Costs in Venice, Fl

This question was asked from this property: http://www.trulia.com/property/3110985747-1676-Monarch-Dr-Ve…

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I know there used to be. I always did my own expenses for both buyer and sellers Call me or email me, I will be happy to supply you an estimate or net sheet.
0 votes Thank Flag Link Fri Jun 14, 2013
Hi Diane,
Here is a fee calculator you can use to give you estimates: http://facc.firstam.com/

Expenses will vary depending on how the contract was written, what your homeowner insurance will be, if there is a homeowner association, taxes vary as well. If you are obtaining a loan, the mortgage company will give you a Good Faith Estimate which will outline the costs. Costs are less expensive if you are paying cash. The title company or closing agency will give you a HUD Settlement statement before closing which will give the final costs.

Expense of Buyer
Attorney Fees (if required)
Recording Deed
Termite Inspection
Home Inspection
Defective Drywall Inspection
Mold Inspection
Flood Insurance
Well Test/Sulfur/Sodium
Proration of Real Property Taxes
Proration of Maintenance Fees
Homeowner Insurance

Additional Expenses if Mortgage Obtained
Mortgage Title Insurance Policy
Service Fee or Origination Fee (if applicable)
Doc Stamps on Note (.35 on each $100)
Lender's Attorney Fees
Appraisal Fee
Assumption Fee on existing mortgage
Intangible Tax (.002 on New Mortgage)
Recording Mortgage
Credit Report
Escrow Account (Taxes and Mortgage)

I would be happy to help you find a home or answer any questions you may have. You can search for properties on my web site at: http://www.tammyhayes.remax-florida.com/

Tammy Hayes, Realtor
RE/MAX Palm Realty
0 votes Thank Flag Link Fri Apr 26, 2013
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