Estimated Closing Costs on Property Purchase of $350,000 USD
Description
Amount (USD)
1. Approximate transfer tax (2% on the purchase price)  $7,350.00
2. Permit from Foreign Affairs Ministry and Registration  $1,150.00
3. Foreign Investment Commission  $600.00
4. Preventative Notice (2)  $54.00
5. Registration at Public Registry  $1,298.85
6. Certificates of No liens  $39.00
7. Certificates - Property Taxes  $10.00
8. Appraisal Registration  $247.80
9. Appraiser's Fee  $275.00
10. Trustee acceptance  $440.00
11. Trustee First Annual Fee  $550.00
12. Pubilic Notary Fee  $2,200.00
13. Escrow fee  $500.00
14. Closing Fee  $1,650.00
15. Other expenses (phone calls, faxes, courier service)  $150.00
16. Preliminary Title Report  $350.00
17. Title Insurance Premium  $2,450.00
18. Title Mortgage
19. Public Register fee for mortgage   
TOTAL  $19,314.65

50% OF THE CLOSING COSTS ARE DUE WITHIN 7 DAYS OF ACCEPTANCE OF OFFER AND THE REMAINING 50% WILL BE  DUE 7 DAYS FROM CLOSE OF ESCROW.

Most of these closing costs are direct costs from governmental agencies and are subject to change without notice. Once the trust deed is completed an original shall be provided to you while another shall be delivered to the Bank. The Bank will then bill you directly for subsequent annual administration fees.