Includes Closing Fee of $175.00 and Delivery Service Fee of $25.00
for APR calculations, along with charges for Title Services including,
but not limited to, name searches, plat services, assessment searches
and title examination, as needed.
(Per the terms of the Purchase Agreement, this may be
paid by the seller in the form of a credit at the
time of closing.)
Notice: The above charges are not a comprehensive list of charges that may be
applicable to this transaction. Below are a partial listing of other
services/scenarios and the estimated related charge:
- - Government Recording Charges: $46.00 per document
- - Well Disclosure Statement recording fee: $45.00
- - Additional Delivery Service Fee if needed: $25.00
- - Conservation Fee (charged by some counties): typically $10.00
- - Well/Driveway/Easement Agreements: call for fees
- - Mortgage Registration Tax (most MN counties): $2.30/thousand of loan amount
- - State Deed Tax (most MN counties): $3.30/thousand of purchase price
In addition, if this transaction involves the use of a Power of Attorney
as signatory for any party, one or more trusts, bankruptcy, divorce,
anything requiring additional title evidence, docketed judgments or
state and/or federal tax liens, additional charges will be applicable.
Call Rochester Title for a breakdown based on specific circumstances.
* Based on the title insurance rates filed
with the State of Minnesota, the premium
will be based on a simultaneous issue premium
of $0.00 for the Owner's Policy
and $0.00 for the Lender's Policy.
These two premiums total the same
amount as indicated above.