05-16-2008, 12:36 PM
This is the answer from FAT...
Closing reserve fee $100 (???) This is a refundable amount which escrow collects for any unforeseen charges or adjustments. Once the escrow closes, we will refund this amount or there about to you.
Road Maintenance 179 my portion is 104.46 (I understand this)
County Tax $39.08 (One month left, seller paid 11 months) (I understand this)
Escrow fee $300 (??? seller pays, I'm paying 775 for my house, now another 300). Escrow fee is split between seller and buyer, and therefore, your share is $300.00
Overnight Mail 26.04 (???For what I don't know) AND I didn't request this...or OK the overnight. What overnight, I haven't gotten anything overnight. If someone asked me I would have had them sent whatever this is for regular mail. This fee is for the return of your Preclosing Documents once we email them to you. Escrow is not yet ready for this portion of the transaction, however, we input our fees at the opening of the transaction. Also, because of your location, it will be better if an overnight service is used for the return of the documents.
Title Policy $178 (????) This is your share (40%) and the seller is being charge $60%)
Recording deed $50 Buyer responsible to pay the recording fee for the conveyance document. Since this is Land Court property, fee is $50.00
Transfer fee to Hpp association $200 (HPP Association told me to question why I had to pay all of this). The transfer fee is paid by the buyer since the buyer will be the new owner of the property. Unless otherwise indicated, the whole amount is borne by the buyer.
I guess that answers the questions. Thanks for all your replies. I Didn't expect them all. If you're wondering, here is the land I'm purchasing...
http://www.hawaiiinformation.com/REsearc...MLS=210438&SubmitMLS=Go&MLSEVAL=y&page=1
You'll all be seeing more of me now that I've finally got things rolling. Maybe some of you will be my new neighbors.
A Hui Hou. [8D]
Closing reserve fee $100 (???) This is a refundable amount which escrow collects for any unforeseen charges or adjustments. Once the escrow closes, we will refund this amount or there about to you.
Road Maintenance 179 my portion is 104.46 (I understand this)
County Tax $39.08 (One month left, seller paid 11 months) (I understand this)
Escrow fee $300 (??? seller pays, I'm paying 775 for my house, now another 300). Escrow fee is split between seller and buyer, and therefore, your share is $300.00
Overnight Mail 26.04 (???For what I don't know) AND I didn't request this...or OK the overnight. What overnight, I haven't gotten anything overnight. If someone asked me I would have had them sent whatever this is for regular mail. This fee is for the return of your Preclosing Documents once we email them to you. Escrow is not yet ready for this portion of the transaction, however, we input our fees at the opening of the transaction. Also, because of your location, it will be better if an overnight service is used for the return of the documents.
Title Policy $178 (????) This is your share (40%) and the seller is being charge $60%)
Recording deed $50 Buyer responsible to pay the recording fee for the conveyance document. Since this is Land Court property, fee is $50.00
Transfer fee to Hpp association $200 (HPP Association told me to question why I had to pay all of this). The transfer fee is paid by the buyer since the buyer will be the new owner of the property. Unless otherwise indicated, the whole amount is borne by the buyer.
I guess that answers the questions. Thanks for all your replies. I Didn't expect them all. If you're wondering, here is the land I'm purchasing...
http://www.hawaiiinformation.com/REsearc...MLS=210438&SubmitMLS=Go&MLSEVAL=y&page=1
You'll all be seeing more of me now that I've finally got things rolling. Maybe some of you will be my new neighbors.
A Hui Hou. [8D]