Maine Real Estate Choice

Estimated Closing Costs for Buyers*

Appraisal
$500.00 - $600.00
Credit Report fee
$35.00 - $50.00
Flood Certificate
$15.00 - $20.00
Title Service (closing) fee
$550.00 - $650.00
Title Insurance - Lender (if Lender requires)
$400.00 - $550.00
Title Insurance - Owner's (Recommended)
$400.00 - $500.00
Property Taxes - May require 6 months reserves in Escrow
$            
Homeowners Insurance Policy 6 to 12 months reserves in Escrow
$            
Transfer Taxes (split between seller and buyer)
$2.20 per every $500.00
Deed Prep Fee
$150.00 - $200.00
Recording Fees
$50.00 - $75.00
Prepaid Interest - amount will depend on how many days left in the month at time of closing
$            
Lender Origination Fee (see Lender's Good Faith Estimate)
$500.00 - $900.00
Mortgage Insurance Premium - May require 6 months in Escrow
$            
Survey (Lender's) Fee
$200.00 - $250.00


*Estimates only - see Mortgage Broker for Good Faith Estimate