12-16 Roger and Anita Radcliffe are purchasing a rental house at 101 Kennel Club Lane, Dalmation, FL from Ms. C. DeVille. They have agreed on a purchase price of $275,000 and the Radcliffes have given a $15,000 binder deposit, which is being held in escrow by Dis-Knee Title Company. The closing is scheduled for March 9, 20XX. The current lease expires on June 30th of the current year, and the rent of $2,200 is due on the first of each month. The Bad-Uns Collection Cooperative, Ms. DeVille's property management team, has collected the rent for March and is also holding a security deposit of $3,000. Ms. DeVille has paid the annual homeowners association dues of $600. Property taxes for the year are estimated to be $3,850.00. The contract calls for all prorations to be made as of the day before closing, using the actual number of days. The Radcliffes have been approved for a new loan in the amount of $185,000 by Buena Vista Bank. To get the loan, the Radcliffes have agreed to pay a loan origination fee of 1% of the loan amount and a one-half discount point. The fixed interest rate on the new loan is 3.0%, and the first payment ( $779.97) will be due May 1 with a late fee of $65.00 if the payment is more than 15 days late... - What are the documentary stamp taxes due on the deed? - What are the documentary stamp taxes due on the mortgage? - How much should the buyer AND seller be credited or debited to account for Home-Owners Association (HOA) dues? - How much should the buyer AND seller be credited or debited to account for property taxes? - How much should the buyer AND seller be credited or debited to account for pre-paid interest to cover the Radcliffe's interest for March, keeping them current as of April 1st