Attorney fees for the bank and the buyer for title search, drawing papers, etc. (usually around $650-$1200). The attorney's fee is lower if he/she also represents the lender. Ask your attorney about this.
Recording fees – around $400 ($125 for the deed, $175 for the mortgage, $35 for the declaration of homestead, and $65 for the municipal lien certificate).
Courier fee - $30-$60.
Survey and plot plan - $150.
Municipal lien Certificate - ranges from $25 to $65 depending on where the property is.
Bank charge for credit report and flood certification fee - $50-$75.
Title insurance - usually right around $4.00 per thousand of purchase price.
Tax escrow amount - often between 2 and 6 months, depending on when in the tax cycle you’re closing. Ask your attorney about this.
Appraisal fee - ranges - usually $400-$600.
Hazard Insurance - for single and multi-families - most banks require a one-year, prepaid insurance policy.
Points, if applicable.
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South Boston Office
141 Dorchester Avenue, R-102 South Boston, MA 02127