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PURCHASE/SALE
Rate Schedule
as of January 1, 2007
Closing Fee in Office (Buyer pays) ......................................................................................................................
$ 175
Closing Fee Out of Office ......................................................................................................................................
$ 200
Closing Fee Out of Office outside Franklin ........................................................................................................
$ 250
Closing Fee (for simultaneous 2nd Mortgage or Line of Credit) ...................................................................
$ 100
Title Exam (Seller pays) ........................................................................................................................................
$ 150
Binder Fee (split between Buyer and Seller) ....................................................................................................
$ 100
Simultaneous Issue Fee for Loan Policy (Buyer pays) ...................................................................................
$ 100
Closing Protection Coverage for Seller (if requested by Seller)
(Seller pays) ............................................ $ 50
Closing Protection Coverage for Lender (if requested by Lender)
(Buyer pays) ........................................ $ 35
Closing Protection Coverage for Borrower (if requested by Buyer)
(Buyer pays) ....................................... $ 15
Delivery and Handling Fee (shared by parties) .................................................................................................
$ 20
Deed Preparation (Seller pays) ............................................................................................................................
$ 25
EPA Endorsement (Buyer pays if required by Lender) .....................................................................................
$ 75
ARM Endorsement (Buyer pays if required by Lender) .....................................................................................
$ 75
Survey Coverage (Buyer pays if required by Lender) .........................................................................................
$ 50
Recording Fee (Buyer pays) .........................................
$28 for first 2 pages, then $8 for each additional page
Recording for Release of Mortgage (Seller pays) ......................
$32 (assuming 2 pages and reference info)
Conveyance Fees* (Seller pays) ........................................................
$2 for each $1,000 plus $0.50 per parcel
Title Insurance .............................................................................................................................................
See Below
ORIGINAL TITLE INSURANCE RATE FOR OWNER'S OR
LEASEHOLD POLICIES
An Owner's Policy insuring fee simple estate, will
not be issued for less than the full value of the insured's interest
in the land. An owner's policy, insuring a leasehold estate, will
not be issued for less than the aggregate value of the rentals payable
under the primary term of the lease, in connection with which policy
is requested, or the full value of the land, whichever is less.
The rate for original owner's or leasehold insurance is:
Per Thousand or any fraction thereof:
Up to $150,000 of liability written ..................................................................................................
$ 5.75/$1,000
Over $150,000 and up to $250,000 add ......................................................................................
$ 4.50/$1,000
Over $250,000 and up to $500,000 add ......................................................................................
$ 3.50/$1,000
Over $500,000 and up to $10,000,000 add ................................................................................
$ 2.75/$1,000
Over $10,000,000 add ....................................................................................................................
$ 2.25/$1,000
Minimum Charge .......................................................................................................................................
$175.00
Reissue rates available upon request (30% discount on original policy
if less than 10 years old)
*Please note Conveyance Fees differ by county: Franklin County
charges $2 for each $1,000 plus 50 cents per parcel, while Delaware
County charges $3 for each $1,000 plus 50 cents per parcel and Fairfield
County charges $4 for each $1,000 plus 50 cents per parcel. Our
office can provide you with the county conveyance fees for all other
counties in Ohio.
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