Part 5, Chapter 8: Manual Exhibit O
Expenses
| Type of Expense |
Old Station |
New Station |
|
Abstract
|
Yes
|
Yes
|
|
Advertising
|
Yes
|
No
|
|
Application fee (FHA and VA only)
|
Yes
|
Yes
|
|
Appraisal fee (determine market value of residence)
|
Yes
|
No
|
|
Appraisal fee (lender's)
|
No
|
Yes
|
|
Assumption fee (not in addition to origination fee)
|
No
|
Yes
|
|
Attorney's fee
|
Yes
|
Yes
|
|
Broker's commission
|
Yes
|
No
|
|
Construction charges
|
No
|
No
|
|
Cost of litigation
|
No
|
No
|
|
Credit report
|
No
|
Yes
|
|
Escrow agent's fee (not escrow deposits)
|
Yes
|
Yes
|
|
Hazard insurance
|
No
|
No
|
|
Inspection fees
|
Yes
|
Yes
|
|
Interest on loans
|
No
|
No
|
|
Lender's service fees except as specifically listed)
|
No
|
No
|
|
Loan discounts (points)
|
No
|
No
|
|
Inspection fees
|
Yes
|
Yes
|
|
Loan origination fee (not to exceed 1%)
|
No
|
Yes
|
|
Losses due to prices on market conditions
|
No
|
No
|
|
Mortgage insurance
|
No
|
No
|
|
Mortgage prepayment penalty (see FTR par. 302-6.2.D(1)(g)
|
Yes
|
No
|
|
Mortgage title insurance (lender's coverage)
|
No
|
Yes
|
|
Mortgage title insurance (owner's coverage)
|
Yes
|
No
|
|
Operating and maintenance costs
|
No
|
No
|
|
Pest inspection fee (no services performed)
|
Yes
|
Yes
|
|
Pest eradication services
|
No
|
No
|
|
Property taxes
|
No
|
No
|
|
Recording fees
|
Yes
|
Yes
|
|
Record title insurance
|
Yes
|
Yes
|
|
Repair costs
|
No
|
No
|
|
State, county, city, revenue stamps
|
Yes
|
No
|
|
Survey
|
Yes
|
Yes
|
|
Title insurance binder (instead of title search) and/or title insurance option
|
Yes
|
Yes
|
|
Transfer charges
|
Yes
|
Yes
|
|
Unexpired lease termination (see FTR par. 302-6.2.h)
|
Yes
|
No
|
