Additional Title Services

 

Additional Title Services

The following fees will apply if these additional services are required:

  • Power of Attorney Plus Recording – $75.00
  • REO Coordination Fee for Buyer – $150.00
  • Courtesy Deed Preparation – $75.00
  • Escrow Agreement & Administration of Escrow (not tax appeals) – $250.00-500.00
  • Preparation of Encroachment/Easement Agreement plus Recording – $400.00
  • Mail Away Package to Borrower – $200.00
  • Mail Away Package to Seller – $150.00
  • Subordination Agreement Handling – $150.00
  • Second Mortgage Loan Closing – $250.00
  • Separate Closing Time Fee charged to requesting party – $150.00
  • Seller Short Sale Fee – $1,750.00
  • Seller Post Closing Per Loan – $35.00
  • Seller Payoff Handling Per Loan – $25.00
  • Extensive Seller Title Clearance Fee – As Required

I. Recording and Transfer Taxes

  1. Recording Fees: $10.00 for the first page and $2.00 each additional page per document.
  2. Intangible Tax: $1.50 per five hundred dollars of the loan amount (round loan amount up to the nearest five hundred).
  3. Transfer Tax: $1.00 per thousand dollars of the sales price (round sales price up to the nearest thousand).

II. Wired Funds Requirement

Georgia Law O.C.G.A. §44-14-13 now requires that all funds for closings in excess of $5,000 be in the form of a wire. CASHIER’S CHECKS AND CERTFIED CHECKS ARE NO LONGER ALLOWED. ALL FUNDS DUE FROM SELLER’S MUST BE WIRED. Please confirm the wire is sent to the correct closing location.