Closing Costs

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      Completing your purchase properly will save you Frustrations later..

Every purchase requires a contract stating what's included and what is not.  Extra care is taken from the begriming to bring a pleasurable closing to all involved. Private sale closings available at the same rates, no additional fees.

A Title Search is performed using one of our local companies working in the Lee County area. This step in the process finds discrepancies, liens, and verifies who currently owns the property. Clearing Title let's Buyer's receive their new campsite free and clear.

An Attorney creates the County and State required forms of transfer and reviews Title work.  Required by law legal documents must be created by an attorney.  Whether you choose to use your own or one of our local attorneys, we will work with them and provided the necessary information to see a timely sale.

Joining the Woodhaven Lakes Association.   At Woodhaven By Owner, we take care of notifying WHL of your new ownership.  An application form will be completed, copies of the Covenants/Declarations, Bi-law's and Rules and Regulations, will be available to you at closing.  In addition, an ESAC review of the property will be performed prior to closing to assure violations are disclosed and remedied.

Real Estate Taxes and Association Dues.  Like residential real estate, taxes on your campsite are payable in arrears.  At closing taxes will be paid for any prior years and proration of current year through closing will be given to the Buyer as a credit for the following County Tax Bill.  The Association calendar year, starts April 1st and ends March 31st. Association dues for new purchases will be prorated from date of closing.  Dues are required to be paid in full the first year, after which you can use the payment plan offered by the Association.

Miscellaneous charges.  Closing fee to compile and perform the closing on behalf of the Buyer and Seller will be assessed, along with filing fees with the county.  Cost vary from sale to sale. Below is an estimate of the average costs the Seller and Buyer can expect.

BUYER...

TITLE INSURANCE/FINAL SEARCH...    $113

CLOSING FEE                                         $200

FILING FEE OF DEED                            $ 61

                                                              $374

PRORATION OF DUES, AND CREDIT OF CURRENT YEAR TAXES TO BE DETERMINED

Illustration may not be accurate to your purchase, check with the Agent assisting you for actual charges which may apply.

 

SELLER

TITLE COMMITMENT/INITIAL SEARCH          $190

ATTORNEY FOR LEGAL DOCUMENTS          $200

                                                                        $390

PLUS TAXES PRORATED THROUGH DATE OF CLOSING, REAL ESTATE TRANSFER TAX (.75 PER/$500), RECORDING FEES TO CLEAR TITLE i.e... MORTGAGE, ETC., SURVEYOR FOR PIN ACCURACY.

CREDIT OF DUES PRORATED IF PAID IN FULL AND SALE MID YEAR

Illustration may not be accurate to your purchase, check with the Agent assisting you for actual charges which may apply.