| FOR
SELLER |
|
| Broker.............................................................. |
2% to 6% |
| Own Attorney................................................... |
$2,500 and
up |
| Managing Agent
Fee*.................................... |
$450 and up |
| Move-our Deposit*.......................................... |
$1,000 to
$2,500 |
| New York City
Transfer Tax........................... |
1% of purchase
price (if under $500,000) |
| |
1.425% of purchase
price (if over $500,000) |
| |
plus $50
filing fee |
| New York State
Transfer Fee........................ |
$2 for every
$500 of purchase price |
| Misc. Title
Company Fees............................. |
$50 to $500 |
| Payoff Bank
Attorney...................................... |
$500 to $1000 |
| |
|
| FOR BUYER |
|
| Own Attorney................................................. |
$2,500 and
up |
| Bank Fees |
|
| points*...................................................... |
0 to 3% |
| application,
credit & appraisal*............ |
$500 to $750 |
|
Bank Attorney*........................................ |
$500 and up |
| Recording
Fees.............................................. |
up to $350 |
| Mortgage Tax.................................................. |
1.75% of amount
of mortgage on loans under $500,000 or 1.875% of amount of mortgage on
loans over $500,000 |
| Title Insurance................................................. |
Approx. $675
per $100,000 |
| MortgageTitle
Insurance................................ |
Approx. $500
per $100,000 |
| Violation
Search............................................. |
$250 |
| Managing Agent
Fee*.................................... |
$300 and up |
| Short-term
Interest.......................................... |
up to one
month |
| Common Charge
Adjustment*..................... |
up to one
month |
| Bank Escrows................................................. |
2 to 6 months
of real estate taxes |
| Move-In Deposit*............................................ |
$500 to $1000 |
| Mansion
Tax................................................... |
1%
of purchase price if price is price is over $1,000,000 |
| *Where applicable |