in North Port. I expect to be closing soon and I want to know as I currently reside in Canada
Lee
An appraisal will run about $325 to $350, a Survey on a standard lot should be about $250 to $300 and a home inspection should be between $250 and $350. Depending on the age of the home I also recomend a roof mitigation report to save money on home owners insurance. If you are paying cash and need recomendations for vendors I am 10 miles up the road in Venice and can recomend some excellent service providers.
May I also suggest you ask the seller if they have a copy of the Survey and prior title policy. This will eliminate the cost of the survey and if the prior title policy is 3 years old or less you can recieve a reissue credit which save approximatly 30%. If the home is a Foreclosure the bank will not have these items.
Christopher Lyon
Licensed Mortgage Broker
941-412-1511
Hi Lee!
Since the home that you are closing on is in North Port, and that's the area that I work, I figured my approximations might be helpful. Home inspections generally run $250 to $300. Survey plans depend on whether or not your home is in a flood zone, because if it is, it would require an elevation certificate which would cause the price to double. Most homes in North Port, however, are not in a flood zone so I would say around $200. Appraisals are a different animal entirely because it really depends on the appraiser that the lender wants to use. I would say that they cost around $400, but this is often paid ahead of time. Typically, the cost of appraisal is money that is "lost" if the sale falls through for any reason. All of these amounts are just "typical" prices of an "average" North Port home - none of the amounts are exact.
Hope I've helped!
Thanks,
Roxanne & Shannon Moore
RE/MAX Anchor Realty
http://www.tropicalfloridaproperty.com
Home inspection is around $300. Survey for typical 1 acre lot is $500. Appraisal is $400. Hope this helps.
These fees are typical in West TN.
Hi Lee,
Not sure about fees in Canada, but here in North Texas, they are approximately, 1. Home Inspection $200~$300 (depends on size), 2. Survey $400 +/- for normal residential size lot, 3. Appraisal $300~$400
I would be interested in hearing how our fees compare to yours, so please share when you find out.
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