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Mega Agent Real Estate Team2635 Valleydale Road
Suite 200
Birmingham, AL 35244
Phone: (205) 267-1520
Closing Costs
BUYER CLOSING COSTS
| Mortgage Origination Fees | 1% of Value of Loan |
| Mortgage Administrative Fees | $500 and up |
| Appraisal Fee | $450 Typically Paid Upfront to Lender |
| Termite Inspection / Wood Infestation | $150 - $200 |
| Mortgage Tax | $1.50 per Thousand Dollars of Mortgage |
| Mortgage Recording Fee | $4.50 (1st Pg) $2.50 Each Add'l |
| Deed Tax | $1.00 Per Thousand |
| Deed Recording | $4.50 (1st Pg) $2.50 Each Add'l |
| 1/2 Title Insurance / Search | Appx. .4% of Purchase Price |
| 1/2 Attorney Fee | $350 |
| Home Inspection | $300 to $500 |
| Septic Tank Inspection / Cleaning | $350 to $400 |
| Prorated HOA Dues | Based on Actual Amounts Paid by Seller |
*Costs can change and vary from transaction to transaction. All information contained herein is subject to errors, omissions and changes in facts or circumstances. Always consult your Attorney and/ or Tax Advisor before signing a real estate sales contract.