Question: “What are the costs associated by buying besides the purchase price?”

Chris’s Answer:

Depending on the property and whether you are getting a loan, you could be responsible for:

  • Your attorney’s fees.
  • Home inspection.
  • An appraisal.
  • Owner’s title policy.
  • Property survey.
  • Recording fee for the deed.
  • Lenders title insurance.
  • Title search.
  • Transfer stamp tax (often paid by Seller or split between you).
  • Prorated condo fees.
  • Prorated dues.
  • Prorated HOA fees.
  • Prorated property tax.
  • Prorated property insurance.

Contact us  with any questions about real estate on St. Croix!