A co-branded net sheet puts together estimated closing costs that features the logo and agent information side-by-side. It lists the cost components such as property fees, taxes, mortgage fees, and title fees that the buyer is supposed to pay in order to transfer the deed to their name.
A co branded net sheet shows 3 types of costs. These are:
Title Fees. Costs incurred for owner's and lender's title insurance along with examination and survey fees.
Settlement Fees. These costs are paid to the escrow holder and include components such as technology fees, wire fees, etc.
Recording and Transfer Fees. These costs are charged by the government agency to record the new deed during the closing process. This includes the fees for recording the fees and the loan. Additionally, a state deed tax and mortgage registry tax is also paid by the seller and the buyer respectively.
