Purchase Plans

Plan 1. CASH or CONVENTIONAL ($1000 earnest money)

Plan 2. SELLER FINANCING ($1000 earnest money) 

DOWN PAYMENT

MONTHLY PAYMENT

INTEREST RATE

TERM

 

CLOSING COSTS For Buyer

DEED SELLER?

TITLE INSURANCE (range of $170 - $350, based on land price) SELLER?

 

DOCUMENT PREPARATION & PROCESSING
If Land is paid for up front $175
OR
If Land is financed with construction $375
(interest free loan during 4-6 month construction period)
OR
If Land is financed with LAND CONTRACT (building later in future) $375

RECORDING FEE (varies with each transaction) $21-$69

SOIL BORING for septic & building permits (if applicable) $225

MISC./COMMENTS