TYPICAL CLOSING COSTS

In Montana, the title companies provide the closing services for almost all real estate transactions. These companies are bonded to perform this valuable service. Parties generally do not close at the same time, and often the closings are done by mail, express mail, and/or electronic transfers so that the Buyers and Sellers need not be present. Deeds in Montana must still be "originals" in order to be accepted by the Clerk and Recorders Office. The following figures illustrate typical costs of closing a transaction - other than specifics that are tied to sales price or loan amount such as title insurance and or brokerage fees.

BUYERS
Closing Fee 1/2         $150
Water Right Transfer    50
Recording Fees           100
Courier Fee                   50
Loan Fees
ALTA Title Insurance
(sales price rated)

SELLERS
Closing Fee 1/2             $150
Title Insurance Owner's Policy
(sales price rated)
Prorated Taxes
Document Preparation     50
Brokerage Fees