Better Homes and Gardens Rand Realty
Kenneth Rabasco, Better Homes and Gardens Rand RealtyPhone: (914) 844-2885
Email: [email protected]

Why You Should Expect Recording Fees to be Part of Your Closing Costs

by Kenneth Rabasco 02/02/2020


 Photo by Steve Buissinne via Pixabay

There are a variety of different terms that you must become familiar with as you purchase a new home. You have to pay an application fee, underwriting fees, titles fees and more. But one that seems to leave many buyers scratching their heads is the recording fee. A recording fee is a normal part of the closing costs due when purchasing a home and may be paid by you or the seller.

What is a Recording Fee?

Recording fees are charged by a government agency whenever you need to register or record a real estate purchase. These fees allow the purchase to become part of the public record and are typically charged by the county in which the home was purchased, as this is where all records of property purchases and sales are maintained. Recording fees can vary greatly from county to county.

How Are Recording Fees Determined?

Different agencies can issue their own guideline for submitting documents and recording fees based on each document type. While the recording fee may be $10 in one county, it could be $16 in another neighboring area. Some agencies may charge a recording fee based on the size of the document submitted. For example, you may be charged $30 for the first page of the document, plus an additional $3 for each page that follows. In addition to the title for a property, your local county will also record any mortgages and liens against your home. Therefore, the final cost of recording fees required by the county will depend on the type and overall complexity of the real estate deal.

When a property is sold, a recording fee is usually included as part of the closing costs. Depending on how the sale of your home is structured, these closing costs may be the responsibility of the seller, or they could fall on you to cover before you get the keys. However, it is very common for the buyer to pay for the recording fees so their new mortgage and deed can be entered into the legal records.

Try Not to Stress Over Closing Costs

If you’re having a conversation about closing costs, that means you’re close to finally owning your new home. There are many costs associated with purchasing a home, but at the end of the day, a recording fee shouldn’t be something to be too stressed over.

About the Author
Author

Kenneth Rabasco

Professional Associations & Designations Ken Rabasco aka Bosco is a member of the National Association of Realtors, the New York State Association of Realtors, Hudson Gateway Association of Realtors, and the Hudson Gateway Multiple Listing Service. As a lifelong Westchester resident, Bosco has a vast and extensive knowledge of the intricate details that comprise the communities of Southern Westchester, be it a recommendation for the best place to have dinner in one of the many River Town restaurants, or a market forecast for what the future will hold for the next place you'll call home. With a laser-attentiveness to detail and a never-faltering determination to get the job done, Bosco is supremely dedicated to his clients, and promises the very best in service to those who work with him, whether a first-time buyer or a long-time veteran of the market. Real Estate Expertise Licensed Real Estate Salesperson with Better Homes & Gardens – Rand Realty. Bosco specializes in listing and selling of co-ops, condos and houses in Southern Westchester covering Hartsdale, Ardsley, Scarsdale, Eastchester, Tuckahoe, White Plains, as well as the River Towns and those that are on the Long Island Sound. As a licensed real estate salesperson for Better Homes & Gardens – Rand Realty in White Plains, I have developed a dedication to client service and satisfaction that is unsurpassed. I am up-to-date on all the real estate market trends. With a professional, yet friendly approach, I help my clients feel comfortable when buying or selling their next home. Professional Associations & Designations Hudson Gateway Multiple Listing Service Subscriber, Hudson Gateway Association of Realtors Member, New York State Association of Realtors Member, National Association of Realtors Member Community Involvement Member of the Rotary Club of Hartsdale - Greenburgh Education Pace University - Bachelor of Business Administration Testimonials I will never refer to Bosco as my realtor, he’s a trusted friend. I met Bosco 6 months after loosing my husband of 11 years. I have two daughter’s Jennifer and Kylie. I didn’t need this big house in Eastchester. The upkeep was just too much for me. Bosco helped me sell my home and I purchased a townhouse. It was important for me to keep my girls in the Eastchester school district. I will be forever grateful to my new friend. He still calls from time to time to check in on us. Thanks Bosco. Karen Schwartz You will not be disappointed with all the work that Ken aka Bosco does for his clients. I was able to sell my house very quickly with his knowledge of what sells a house. From the front door throughout the house he noted what had to be removed and changed. He understands what people want to see in purchasing a house. With his help I was able to sell my house for $15,000 over the asking price. You won't go wrong with Bosco looking out for you. I can't thank him enough. I learned a lot from him, he knows the business. I will be forever grateful. Helen Izzo My girlfriend and I were looking to relocate to Westchester. We were first-time homebuyers and Bosco helped us with every step of the process and helped us find our dream home. He made sure to understand what we wanted. He made himself available when we had questions. He is reliable, very knowledgeable, and a true professional. Debora Flores I had the great pleasure of working with Bosco this past winter-spring on my first home purchase. Prior to Bosco I had a bad experience with another realtor who was unfortunately very unresponsive, lacked effort and ultimately not helpful. Thankfully my wishes were answered when I met Bosco because he was the complete opposite. Bosco doesn't waste time, he's extremely on top of everything. When I expressed interest in a listing, he'd book a visit within 1-2 days of me highlighting my home. He understands how aggressive the Westchester market is; good homes were snatched quickly. Moreover, I work in Manhattan, so I could only see places late at night, 7:30pm onward. He didn't mind visiting listing with me late a night. He worked around my schedule, not his. Being a first-time buyer, I had no experience with all the complexities of co-ops. It was great working with Bosco because he knows so much. He sits on a co-op board himself, so he has first-hand knowledge of what co-op communities are looking for. He successfully guided me on all the paperwork I need to paint myself in the best light to have my offer accepted and achieve board approval. Bosco's super passionate about home buying and I think that's the type of realtor you need to successfully land a great home. His combined passion and experience makes him a great realtor in my opinion. He's my realtor for life now, because I know he'll provide the best service. Ben DiChiara Bosco is everything you would ever want in a real estate agent. Smart, personable, energetic, friendly, tireless in his pursuit, of your goal. He is dependable, reliable, and at your beck and call. What more could you want. I would use him again anytime and refer him to anyone. If I could give him more than 5 stars I would. Cecilia Cohen-Downes