CONDOMINIUMS and HOUSES

The estimated costs listed below are provided for reference purposes only as these costs do not represent the entirety of potential costs associated with any real property transaction.

FOR SELLER
Broker	2% to 6%
Own Attorney	$3,500 and up
Managing Agent Fee*	$450 and up
Move-out Deposit*	$1,000 to $2,500
New York City Transfer Tax	1% of purchase price if purchase price under $500,000
	1.45% of purchase price if purchase price over $500,000
	(plus $50 filing fee)
New York State Transfer Fee	$2 for every $500 of purchase price
Miscellaneous Title Company Fees	$50 to $500
Payoff Bank Attorney	$500 to $1000
FOR BUYER
Own Attorney	$2,500 and up
Bank Fees	$500-$1,000
Points*	0 to 3%
Application, credit and appraisal*	$300 to $1,500
Bank Attorney*	$500 and up
Recording Fees	$250-$750
Mortgage Tax	1.8% of amount of mortgage on loans under $500,000
	1.925% of amount of mortgage on loans over $500,000 for 1-3 family residential dwelling
	2.8% of amount of mortgage on loans over $500,000 for all other types of property
Title Insurance	Approximately $675 per $100,000
Mortgage Title Insurance	Approximately $500 per $100,000
Municipal Search	$350-$500
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