PURCHASES

Closing costs are allocated between buyers and sellers according to state law and the contract negotiated between the parties.  In Florida transactions, who pays the costs is entirely negotiable, but the

contract usually embodies the local custom and practice in the

county where the property is located.  The closing costs shown below are CTS' actual charges for a Florida transaction, allocated between

the buyer and seller in a typical manner:

Paid by Buyer                                                Paid by Seller

•  Settlement Fee -- $250.00                  •  Settlement Fee -- $250.00

 

•  Title Insurance and                                •  Title & Lien Search -- $275.00

   Endorsements --                           

    promulgated rates                                 •  Shipping & Handling --

   (click HERE for a title                                  $25 per delivery

   insurance calculator)                                    

                                                                            •  Wire Fee -- $25 per wire

•  Simultaneous Issue                       

    Loan Policy -- $200.00

 

•  Shipping & Handling --

     $25.00 per delivery

 

•  Wire Fee -- $25.00 per wire

 

•  Survey -- starting at $350

 

REFINANCES

Closing costs are usually paid by the borrower in a refinance transaction, although a lender may agree to reduce or waive some of its own charges and/or pay some third party charges.


Paid by Borrower

 

•  Settlement Fee -- $350.00

 

•  Title & Lien Search -- $275.00

 

•  Title Insurance and

     Endorsements --   

     promulgated

    rates (click HERE for a title

    insurance calculator)

 

•  Shipping & Handling -- $25.00

    per delivery

 

•  Wire Fee -- $25.00 per wire

 

•  Survey -- starting at $350 (if

   required by lender)