| Own
Attorney |
$1,500
+ up |
| Managing
Agent Application Fee |
$500 |
| Credit
Report Fee |
$75
- $100 per applicant |
| Lead Based
Paint Disclosure Fee |
$0
- $50 |
| Mansion
Tax |
1%
of purchase price when $1 million + |
| Move-in
Deposit |
$500
- $1,000 (refundable if no damage) |
| Common charges,
real estate taxes and insurance |
pro rated as of closing |
| |
|
| Mortgage
Associated Fees: |
|
Mortgage Tax:
|
(Paid
by buyer, condominium/townhouses only,
when financing ) |
| Recording Tax Sales under $500,000 |
1.8% of entire mortgage |
| Recording Tax Sales over $500,000 |
1.925% of entire mortgage |
| Application,
Credit Check, etc. |
$500
+ up |
| Appraisal |
$250
+ up |
| Bank
Attorney |
$500
+ up |
| UCC-1
Filing |
$50
+ up |
| Recognition
Agreement Fee |
$200
+ up |
| Lien
Search |
$350 |
| Fee
Title Insurance |
Approx. $450 per $100,000 |
| Mortgage
Title Insurance: |
Approx. $200 per $100,000 |
| Recording Fees |
$200 - $300 |
| Origination Costs
- Points |
0-3% of loan value |
| Departmental
Searches |
$200 - $400 |
| Real Estate
Tax Escrow |
2-6 months |
| If
Purchased Directly from Sponsor |
*New
Developments |
| NYC
Property Transfer Tax |
1%
of purchase price up to $500,000 |
| |
1.425%
of purchase price over $500,000 |
| NYS
Transfer Tax |
$4
per $1,000 of the purchase price |
| Sponsor's
Attorney Fee |
$1,500 |
| Own
Attorney: |
Consult
your attorney |
| Bank Fees: |
Points: 0% to 3% of loan
value |
| Application, credit
check, etc: |
$500+ |
| Bank Attorney: |
$695 |
| Miscellaneous
Bank Fees: |
$500+ |
| Lien Search: |
$300 |
| UCC-1 Filing: |
$100 |
| Appraisal Fee: |
$300+ |
| Application
Fee (Credit Report/Appraisal): |
$500+ |
| |
Short Term Interest; Equal
to interest for balance of month in which
you close. |
| Move-in
Deposit: |
One
time fee of $500.00+ |
| Recognition Agreement
Fee: |
$200 |
| Maintenance Adjustment: |
Pro-rated for the
months of closing. |
| Mansion Tax: |
1% of entire purchase price
where price is $1,000,000 or more. |
