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Keller Williams First Atlanta
200 Glenridge Point Pkwy
Suite 100
Atlanta, GA 30342
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Adriana West (Keller Williams First Atlanta): Real Estate Agent in Roswell, GA
Minority Business Enterprise Certified

Transaction Costs

“Closing” signifies the end of the transaction where money is actually exchanged.  Buyers and sellers can expect the following costs:

Buyer Seller
  • Mortgage application fees and points
  • Credit Report Fee (300-500)
  • Inspection and Appraisal fees (300-500 each)
  • Plat sketch
  • Homeowners Insurance Premium (1st year prepaid if required by lender)
  • Title examination and recording fees
  • Title search and insurance policy (0.5-1%)
  • Escrow Fees (prepaid percentages of homeowner’s insurance, property tax, and other escrow amounts – determined by lender)
  • Attorney’s fees (0.5-1%)
  • Closing fees
  • Prepaid interest (daily interest from closing date to 30 days prior to first payment)
  • Recording Fee (approximately 0.2%)
  •  Abstract or title search fee
  • Loan payoff fees (early payment penalty fees, if required by existing mortgage company)
  • Deed preparation
  • Agent commissions
  • Title Insurance
  • Repairs as agreed per the contract, or cash in lieu of repairs
  • Transfer tax (approximately 0.1%)
  • Attorney’s fees (0.5-1%)
  • Closing fees
  • Assistance with buyer’s fees if required by the contract.