Estimated Purchasing Costs

These are the approximate closing costs for a $950,000.00 purchase transaction:

Title Insurance                                                             $ 2,775.00
(i.e. $500,000.00=$1,650.00; $750,000.00=$2,275.00)
Attorney's fees (Depending on complexity 
of transaction- $750-$1500)                                                750.00
Title Search                                                                      225.00
Mortgage Recording (Depending on #of pages)                       55.00
Recording Deed                                                                   22.00
TOTAL                                                                     $3,827.00

*Mortgage expenses, adjustments in real estate taxes, homeowner's insurance and inspection costs not included