Could You Be Throwing Away Over $4,000?

Compare An "Actual" Home Purchase Transaction
with and without the
Smart Home Advantage

ACTUAL HUD-1 STATEMENT What the home buyer paid!		POTENTIAL SMART HOME What the buyer could have paid!	COST	SAVINGS
Line 700: Purchase Price	$517,500	Line 700: Purchase Price	$517,500
Line 701:		Line 701:
Line 702:		Line 702:
Line 703:		Line 703:
Line 704:		Line 704:
Line 800: Items payable in connection with loan		Line 800: Items payable in connection with loan
Line 801: Loan Origination Fee	$2,015.50	Line 801: Loan Origination Fee	$0.00	$2015.50
Line 802: Loan Discount Points		Line 802: Loan Discount Points
Line 803: Appraisal Fee	$400	Line 803: Appraisal Fee	$0.00	$400
Line 804: Credit Report	$14.20	Line 804: Credit Report	$0.00	$14.20
Line 805: Lender's Inspection Fee		Line 805: Lender's Inspection Fee
Line 806: Mtg Ins. Application Fee		Line 806: Mtg Ins. Application Fee
Line 807: Assumption Fee		Line 807: Assumption Fee
Line 808: Processing Fee	$550	Line 808: Processing Fee	$0.00	$550
Line 809: Verification of Employ	$13.30	Line 809: Verification of Employ	$0.00	$13.30
Line 810: Digital Delivery	$25.00	Line 810: Digital Delivery	$0.00	$25.00
Line 811: Closing Coordination	$300.00	Line 811: Closing Coordination	$0.00	$300.00
Line 812: Yeild Spread Premium		Line 812: Yeild Spread Premium
Line 813: Doc preperation Fee		Line 813: Doc preperation Fee
Line 814:		Line 814:
Line 815:		Line 815:
Line 900: Items Required By Lender		Line 900: Items Required By Lender
Line 901: Interest From ...	$669.09	Line 901: Interest From ...	$541.67	$127.43
Line 902: Mtg. Ins. Premium		Line 902: Mtg. Ins. Premium
Line 903: Hazard Ins. Premium	$1614.03	Line 903: Hazard Ins. Premium	$1210.52	$403.51
Line 904: Flood Ins. Premium		Line 904: Flood Ins. Premium
Line 905:		Line 905:
Line 1000: Reserves Deposited with Lender		Line 1000: Reserves Deposited with Lender
Line 1001: Hazard Insurance	$403.53	Line 1001: Hazard Insurance	$302.64	$100.89
Line 1002: Mortgage Insurance		Line 1002: Mortgage Insurance
Line 1003: City Property Tax		Line 1003: City Property Tax
Line 1004: County Property Tax	$3597.03	Line 1004: County Property Tax	$3597.03
Line 1005: Annual Assessments		Line 1005: Annual Assessments
Line 1006: Flood Insurance		Line 1006: Flood Insurance
Line 1007:		Line 1007:
Line 1008: Aggregate Credit	-$807.04	Line 1008: Aggregate Credit	-$807.04
Line 1100: TITLE CHARGES		Line 1100: TITLE CHARGES
Line 1101: Closing Fee	$350.00	Line 1101: Closing Fee	$425	+$75.00
Line 1102: Abstract/Title Search	$157.00	Line 1102: Abstract/Title Search	$325	+$168.00
Line 1103: Title Examination		Line 1103: Title Examination
Line 1104: Title Ins. Binder		Line 1104: Title Ins. Binder
Line 1105: Document Prep		Line 1105: Document Prep
Line 1106: Notary Fee		Line 1106: Notary Fee
Line 1107: Attorney's Fee		Line 1107: Attorney's Fee
Line 1108: Title Insurance	$2751.00	Line 1108: Title Insurance	$1655.30	$1095.70
Line 1109: Lender's Coverage		Line 1109: Lender's Coverage
Line 1110: Owner's Coverage		Line 1110: Owner's Coverage
Line 1111: ALTA 8.1	$50.00	Line 1111: ALTA 8.1	$0.00	$50.00
Line 1112: Closing Protection Letter	$25.00	Line 1112: Closing Protection Letter	$0.00	$25.00
Line 1113: Recording Services	$390.00	Line 1113: Recording Services	$390.00
Line 1200: Government Recording		Line 1200: Govenment Recording
Line 1201: Recording Fees		Line 1201: Recording Fees
Line 1202: City/County Stamps		Line 1202: City/County Stamps
Line 1203: State Stamps		Line 1203: State Stamps
Line 1204:		Line 1204:
Line 1205:		Line 1205:
Line 1300: ADDITIONAL CHARGES		Line 1300: ADDITIONAL CHARGES
Line 1301: Survey		Line 1301: Survey
Line 1302: Pest Inspection		Line 1302: Pest Inspection
Line 1303: Courier Fee	$25.00	Line 1303: Courier Fee	$0.00	$25.00
Line 1304: Tax Certificate		Line 1304: Tax Certificate
Line 1305: Wire  Fee	$25.00	Line 1305: Wire  Fee	$0.00	$25.00
Line 1306: File Archiving	$40.00	Line 1306: File Archiving	$0.00	$40.00
Line 1307: Cancellation Fee		Line 1307: Cancellation Fee
Line 1308: Home Warranty	$385.00	Line 1308: Home Warranty	$0.00	$385.00
Line 1400: TOTAL of CHARGES	$12497.58	Line 1400: TOTAL of CHARGES	$8447.16	$4050.42

The Illustration above is based upon an actual home purchase transaction. The potential savings illustrated assumes the same home buyer utilized the following services available on SmartHomeSearch.com and SmartRateSearch.com: The home buyer utilized the best no lender fee program available on the Virtual Loan Shopper. This lender program provided a rate rebate of $1214 which was utilize in this illustration to pay some standard closing costs. The illustration assumes the home buyer utilized closing service provider discounts which may be found on our websites. The illustration assumes the home buyer's home warranty costs were paid by a participating featured Realtor and their appraisal was paid for by a participating featured loan officer as consideration for utilizing their professional services. The illustration assumes the home buyer saved through comparison of insurance products from our featured home owners insurance companies and received their average savings. This example is for illustrative purposes only and should not be deemed a guarantee or committment of the rates or savings available for your unique transaction.

SmartHomeSearch.com® is an independent web-search application that does not endorse any insurance company, agent, lender or other closing service provider. Discount offers presented are the sole responsibility of the service provider companies. See Terms of Use.