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To provide you an estimate of buyer or seller closing costs and proceeds, please provide us with the information below:
General Information Required for All Quotes
- Name of your client
- Property Address (include unit number) and County
- Purchase Price
- Estimated Closing Date
- Is the property governed by an association (HOA and/ or Condo Association)?
- Who is paying title related expenses: buyer or seller?
(NOTE:If you are negotiating or have executed an FAR/BAR AS IS contract, which option has been agreed upon: 1. [ ]9(c)(i) – Line 158 | 2. [ ]9(c)(ii) – Line 162 | 3. [ ]9(c)(iii) – Line 164
If you would like projected closing costs for a BUYER:
- Will this property be purchased in cash or with financing? If there is a loan, what is the amount of the loan (or percentage of the purchase price that will be covered by a loan)?
- Does the buyer need to pay any broker processing fees? If so, what is the amount of the broker processing fees?
- Are there any credits provided to the buyer from the seller or brokers?
If you would like estimated closing costs and seller proceeds for a SELLER:
- Is there a mortgage on the property? If so, please provide the amount of the mortgage.
- Please confirm the total commissions and broker fees to be paid by the seller?
- Are the sellers U.S. Taxpayers or are their foreigners (do not have a SS# or do not pay annual income taxes)? (FIRPTA may apply to non-US taxpayers).
- Is the seller providing any seller credits?
- Are the brokers providing any credits to the buyer or seller?
With this information, we are happy to provide you an estimate within one business day. Please email us to quotes@foliotitle.com