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ESTIMATED TITLE FEES FOR CLOSING
Purchases and Refinances
Our estimated fees for a purchase: Buyer’s Costs Seller’s Cost
Settlement/Closing Fee $ 295.00 $ 295.00
Title Abstract/Search $ 225.00
Payoff Wire/Courier Fee $ 50.00
$ 345.00
Document Preparation ** $ 350.00
Additional Wire transfer $ 20.00 each $ 20.00
Recording/Courier/Processing $ 30.00 each $ 30.00
Title Insurance – Owner’s Policy Promulgated rate
Title Insurance – Mortgagee Policy $ 25.00
Endorsements Promulgated rate
Survey (estimate) ** $ 425.00
Our estimated fees for a refinance are as follows:
Settlement/Closing Fee $ 295.00
Title Abstract/Search $ 225.00
Payoff Wire/Courier Fee $ 50.00
$ 570.00
Additional Wire transfer $ 20.00 each
Recording/Courier/Processing $ 30.00 each
Title Insurance – Owner’s Policy Promulgated rate
Title Insurance – Mortgagee Policy $ 25.00
Endorsements Promulgated rate
Survey (estimate) ** $ 425.00
Lien Search (estimate) ** $ 85-150.00
Estoppels (estimate) ** $ 100-250.00
Simultaneous Second Mortgage Fees (purchase or refinance):
Settlement/Closing Fee $200.00
Wire/Courier Fees $ 50.00
Title Insurance – Mortgagee Policy $ 25.00
Endorsements Promulgated rate
Recording & Processing $ 30.00 per recording
Optional Remote closing fee $300.00
The amounts marked with a ** are third-party charges which we provide for information only. They may vary from file to file. Also note that a survey is not required on condominium properties. In a refinance, we are able to use the Borrower’s existing survey if provided and the bank accepts it. Otherwise, a new survey will have to be ordered so that we may issue the Florida Form 9 endorsement required by the lender.
The title insurance premiums and endorsements are based on the sales price and loan amount according to the rates promulgated by the Florida Insurance Commissioner. We charge the lowest rate allowable by Florida Law and apply the reissue credit whenever possible under the law. We simply ask that the existing title policy be provided to us either by the loan officer or by the client as early as possible in the title process.
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