Estimated Closing Costs - Delaware

Patterson Woods
Commercial Properties
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This form lists many of the buyer's costs associated  with the purchase of real estate in  New Castle County Delaware.  The exact costs are difficult to determine because each attorney, lender, surveyor and other provider of settlement  or inspection service charge  fees based on their own schedule. You should review these costs with your agent or attorney prior to making a commitment to purchase.

ITEM

Buyer

Seller
Transfer Tax     
     State 1.5% of Purchase Price - split 50/50 : plus     
     City/County 1.5 % of Purchaser Price - split 50/50     
Title Insurance      
     Mortgage - approx. $2.50/thousand of mtg.: or      
     Owners - approx. $3.50/thousand of Purchase Price      
Attorney - Settlement Fee  ($0 - $100 ask your attorney)      
Title Search ($300 and up;   depends on property; ask your attorney)      
Survey ($150 and up; usually ordered by buyer's attorney - depends on property)      
     Corner Stakes extra @ approx. $75 each          
Appraisal Fee ( lender usually orders - ask  lender)    
Lender Points (ask your lender; 0 to 4 % of mtg.)    
Inspections - Termite    ($50-$100)    
                     Well        ($50-$100)      
                     Septic     ($50-$100)      
                     Structure/systems     ($150-$300)      
                     Environmental/radon   ($100-$200)      
                     Misc.      
Prorations -   Taxes    (1 yr. if escrowed; tax yr. begins 6/30)      
                     Sewer        
                     Water      
                     Fire Insurance       
                     Rent      
                     Misc.         
Home Warranty        ($200-$350)            
Copy  & Mailing Costs     ($20-$100)     
Real Estate Commissions (if you agreed to pay)       
Recording Costs (approx. $50-$100)       
Preparation of Papers (Deed, Mtg., Bond, etc - ask your attorney)       
Lien Satisfaction - #1      
                                   #2      
Misc.     
        
Total Estimated Settlement Cost      
         

Contact Information

Our office hours are 8:30 AM to 5:15 PM EST  Monday through Friday; other times by appointment. 
Telephone
302-622-3500
800-220-2738
        302-622-3535   Fax

Office Address
3801 Kennett Pike, Bldg D  Suite100, Greenville, Delaware 19807

Electronic mail
cgwoods@magpage.com

Licensed in the States of
DE, PA,MD,NJ