Government Fees:

Recording Fee: Deed, Mortgage or other documents that need put on the record. $34 for the first 2 pages and $8 for each additional page.

Conveyance Fee: $4 per thousand based on the purchase price.

Tax Proration: Reminder that most purchase agreements require that taxes be prorated to the date of closing.  This is a credit from the seller to the buyer and can be a substantial amount depending on the annual tax.

Title Insurance Fees:

Owner’s Policy of Title Insurance Premium (these fees are set by the Ohio Department of Insurance and will be the same at any title company):

Up to $150,000 = $5.75/thousand with a minimum premium of $175.00

Over $150,000 to $250,000 = $4.50/thousand

Over $250,000 to $500,000 = $3.50/thousand

Over $500,000 to $10,000,000 $2.75/thousand

A discount will be given if the current property owner can produce an Owner’s Policy dated within the last 10 years.

**A Loan Policy of Title Insurance is $100 when issued simultaneously with an Owner’s Policy if the loan amount is less than the purchase price.

Loan Policy Premium (if doing a refinance):

Up to $150,000 = $4.00/thousand with a minimum premium of $125.00

Over $150,000 to $250,000 = $3.25/thousand

Over $250,000 to $500,000 = $2.50/thousand

Over $500,000 to $10,000,000 $2.25/thousand