Listed below are the most common charges a buyer incurs when purchasing property. Keep in mind that costs will vary from property to property and not all are applicable in every transaction. However, do I recommend that you use the list to track those items that do apply, so you can estimate the costs you’ll face at settlement. If you’re not sure about which apply, just ask.

1. Transfer Tax at up to 1.5% of sale price
2. Mortgage Application Fee
3. Mortgage Origination Fee
4. Mortgage Discount Points
5. Mortgage Doc Prep Fee
6. Termite Inspection and Certification
7. Home Inspection
8. Well/Septic/Swimming Pool Inspections
9. State and County Property Tax prorated daily
10. Water and Sewer prorated daily
11. Condo Fee prorated daily
12. Fuel/Oil Tank reimbursement
13. Home Warranty
14. Tax Certification Fee (real estate & sewer)
15. Use & Occupancy Certification
16. Septic Certification/Well Certification
17. Condo Resale Package
18. Attorney’s Fee
19. Escrow Set-Up Fee
20. Survey and Appraisal
21. Federal Express and/or Wire Transfer Fee
22. Title Insurance
23. Home Owner’s Insurance
24. Other: ___________

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finding a home | settlement cost | buying a home in delaware