Additional Settlement Charges:

These are miscellaneous charges that may be related to the transaction, such as the cost for a survey, or the cost for a pest inspection or well/septic inspections. Other items that the seller and buyer agree to have paid out of the settlement may also appear as additional settlement charges.

The Real Estate professionals  involved in the transaction can provide additional details as to the particular closing costs that will apply to the transaction. It is recommended that the parties to the transaction  discuss the closing costs with the various professionals,  including the real estate agent, the lender or mortgage broker, and the title agent, prior to scheduling the closing date. This could help to avoid any unexpected financial concerns that may cause the actual settlement to be prolonged or otherwise postponed.