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SELLER PAYS: |
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1. Transfer Tax |
$4.00 per $1,000.00 |
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2. Search |
Starts at $75.00 & includes tax Search in Franklin |
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3. Preparation of Deed |
Included in Attorney’s fee |
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4. Pro-Rated Taxes |
Village—June-June School—July 1-June 30 Town— January to January Water & Sewer is applicable |
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5. Attorney’s Fee |
Call Attorney’s Office |
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6. Capital Gain Tax |
IT-2063, 9.25% due at closing for out of state Sellers |
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BUYER PAYS: |
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1. Mortgage Tax |
1% rounded to the nearest $1.00 in Franklin County |
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2. 2nd Search Update |
Starts at $65.00 |
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3. Pro-Rated Taxes |
Village—June to June School July 1-June 30 Town— January to January Water & Sewer is applicable Oil or Propane Gas if applicable |
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4. Recording Fees |
Deed & Mortgage—$45.00 per Document, plus $5.00 each page |
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5. Attorney Fees |
Call Attorney’s Office |
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6. Homeowner’s Insurance |
Call your local Agent |
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7. Title Insurance |
Only if required |
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8. Survey |
Only if required |