Buying Your New Home
If you are under a company sponsored relocation, please speak to your OneWorld Relocation Specialist about your destination and the policy guidelines on approved closing costs.
It is important that you involve us in the process as early as possible as besides policy specific information, we will help you make an educated decision based on criteria important to you and your family. OneWorld Relocation will also help you get pre-approved on a mortgage and have a comprehensive destination kit mailed to your home.
Here is some information to get you started:
Typical Closing Costs that might be covered by your employer:
Most domestic policy provisions include the reimbursement for certain reasonable and customary purchaser closing costs incurred in the purchase of a new and primary home.
One time closing costs reimbursement includes:
Appraisal Fee, Credit Report, Lender’s Final Inspection Fee, Mortgage Insurance Application Fee, Assumption Fee, Processing Fee/Commitment, Tax Service Fee, Settlement Or Closing Escrow Fee, Abstract Or Title Search, Title Examination, Title Insurance Binder, Title Endorsements, Notary Fees, Attorney Fees Up To A Maximum Policy Amount, Premium For Title Insurance Lender And Owner Coverage, Recording Fees, City/County Tax Stamps, State Tax Stamps, Real Estate Transfer Tax, Mortgage Tax, Survey, Pest Inspection, Structural Or Mechanical Inspection Including Roof, Radon Inspection.
Ineligible closing costs:
Mansion Tax on properties over $1,000,000, Discount Points, Loan Origination Fee, Prepaid Interest, Mortgage Insurance Premium, Hazard Insurance Premium, Flood Insurance Premium, Hazard Insurance, Mortgage Insurance, Property Taxes, Annual Assessments, Flood Insurance, Utility Pro Rations, Homeowner Association Dues Or Fees.
|LR||Living Room. Usually the main sitting area of home and many times formal for guests and company.|
|FR||Family Room. Another sitting room of the home, also called a TV Room, usually less formal. Also called a Den, Great Room or Recreational Room.|
|BR||Bedroom. MBR = The Master bedroom which is usually the largest of all bedrooms.|
|EIK||Eat In Kitchen. You can typically fit a table with 4 or 6 chairs. There also might be a small “Breakfast Nook” in the kitchen which is typically for a small bistro table instead.|
|DR||Dining Room. Usually a more formal eating area or the main eating area if the kitchen is not large enough for table and chairs.|
|BTH||Bathroom. A full bathroom includes a shower or tub and a ½ half bathroom is a “powder room” for guests and does not have bathing capabilities.|
|EF||Entry foyer or formal entry also known as a reception area to greet guests.|
|PKG||Parking, no garage|
|WD||Washer and Dryer.|
|WW||Wall to Wall Carpet.|
|CAC||Central Air Conditioning.|
|FUR||Home is furnished.|
|FIB||Finished Basement. Large area under the home which can be used as a second family room.|
|UFIB||Unfinished Basement. Usually for storage only.|
|9010 Strada Stell Court #208, Naples, FL 34109 - Ph: 239-330-3802||
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