DC / Maryland / Virginia
|Settlement fee (all inclusive†)||$975|
|Fee for each payoff beyond the first mortgage loan||$75|
Our settlement fee includes the following services:
|Power of Attorney Document Preparation||$125|
|Simultaneous 2nd Trust Document Preparation Fee*||$300|
|Borrower Remote Closing/Signing**||$250|
|Deed Transfer Preparation||$350|
- * An additional document preparation fee of $300 applies if you obtain a second mortgage (i.e., home equity line of credit) simultaneously with your transaction.
- ** IMPORTANT: Due to the numerous documents required to be signed by borrowers and the lender-imposed signature rules, borrower remote closings pose a significant risk to the borrower. Original wet-ink documents must be signed and returned to our offices no later than the date of closing. Additionally, a missing signature, initial, improper document date, or improper notarization would nullify the closing and require and re-scheduling of the closing date; the result of which may jeopardize the borrower’s timely performance under the terms of their loan commitment put them at risk of losing their interest rate lock. Note also that many mortgage lenders prohibit the practice of borrower remote closings/signings.
† PRICES APPLICABLE TO MONTGOMERY COUNTY, MD; PRINCE GEORGE’S COUNTY, MD; ARLINGTON COUNTY, VA; FAIRFAX COUNTY, VA; CITY OF ALEXANDRIA, VA AND THE DISTRICT OF COLUMBIA. ALL OTHER JURISDICTIONS, USE OUR [QUICK QUOTE].
Settlement fees are fixed, meaning they remain constant regardless of purchase price; however, settlement fees are not the only fees included in closing costs.
Consumers must also pay transfer & recordation taxes (buyer & seller, respectively) and a title insurance policy premium. These costs vary depending on the purchase price of your home. We encourage you to grab a Quick Quote today for an accurate and anonymous estimate of how much money you will need to bring to the closing table.
By law, it is the buyer’s right to choose what title company handles their closing. Shopping can save a homeowners who are refinancing thousands of dollars.
UPDATED 01 MARCH 2017 | INFORMATION RELIABLE BUT NOT GUARANTEED
The settlement fee is $1,150 in Florida.
The following services are included:
This statement sets forth the 2009 settlement fees and costs for a refinance (for a purchase transaction, click here) in real estate transactions in Florida.
Our company promotes a fair and straight forward fee structure to avoid surprises at settlement and to establish a relationship of trust with the purchasers and agents we service. All of our settlements are conducted by attorneys.
How to use our services
Ready to go ahead and schedule your closing? Then order settlement services and we will contact you with closing date and time options.
|Settlement fee (when ordered online)||$250|
|Title insurance binder||N/A|
|Mortgage release fee per mortgage||$120|
|Title insurance||See Rates|
|Recording service fee||N/A|
|Transfer/Recordation taxes||See Rates|
|International courier costs||Market Rate|
|Power of Attorney/Record (if applicable)||$110|
|Simultaneous 2nd Trust
Settlement fee (if applicable)
|Deed transfer (if applicable)||$150|
|Subordination Agreement (if applicable)||$100|
Re-issue rate policy
To qualify for a reissue rate, the borrower must provide a current owner’s title policy which must be less than 10 (ten) years old. The reissue rate is based on the the face amount of this policy.
The fees/costs listed above do not include additional fees (if applicable) for power of attorney preparation, simultaneous second trust (mortgage) document preparation/second trust (mortgage) lender’s title insurance, lender fees/charges (e.g., fees/costs for underwriting, document preparation, appraisal/credit report, prepaid interest, escrow/reserve items), real estate tax proration, wire transfers, potential credits or contract-specific items.
UPDATED 01-18-2010 | INFORMATION IS RELIABLE BUT NOT GUARANTEED.