Residential Closing Fees – Seller
Orleans Title has decades of experience in residential closings, offering our clients kid glove treatment and a full range of high quality transactional and title services. To help our residential real estate clients better understand the costs associated with their closings, we have established fee schedules for sellers that are applicable for residential properties only and represent a typical closing.
Please contact Stacey Martinez at 504.582.1251 if you would like a transaction specific quote.
Seller’s Fees – Sale
|Cost of Recordation-Release||Actual cost dependent on Parish|
|Documentary Transaction Tax||$325.00 **|
|Mortgage Cancellation Fee||$150.00 *|
|Outgoing Wire Fee||$25.00 *|
*Per occurrence **Orleans Parish only
The above Seller’s fees are applicable for residential properties only and represent a typical closing.
Additional fees may be required if the mortgage is FHA or VA insured or if the property is not located in a subdivision. These fees do not include lender’s fees, property tax, curative work, or insurance costs.
Closing Funds and Costs in Excess of $2,500
Louisiana law requires amounts owed at closing in excess of $2,500.00 be satisfied with a cashier’s check or wire.
Stacey Zimmer Martinez
Orleans Title Insurance Agency, L.L.C.
201 St. Charles Avenue
New Orleans, Louisiana 70170