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THE SELLER CAN GENERALLY BE EXPECTED TO PAY FOR:
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THE BUYER CAN GENERALLY BE EXPECTED TO PAY FOR:
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TITLE INSURANCE PREMIUM FOR NEW LENDER
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REAL ESTATE COMMISSION, IF BROKER IS INVOLVED
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DOCUMENT PREPARATION (IF APPLICABLE)
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DOCUMENT PREPARATION FEE FOR DEED AND NOTARY FEES
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DOCUMENTARY TRANSFER TAX –VARIES BY COUNTY
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RECORDING CHARGES FOR ALL DOCUMENTS IN BUYER’S NAME
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ANY CITY TRANSFER OR CONVEYANCE TAX
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TERMITE INSPECTION (ACCORDING TO CONTRACT)
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ANY LOAN FEES REQUIRED BY BUYER’S LENDER OR BY CONTRACT AGREEMENT
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TAX PRORATION (FROM DATE OF ACQUISITION)
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PAYOFF ALL LOANS IN SELLER’S NAME (OR EXISTING LOAN BALANCE IF BEING ASSUMED BY BUYER)
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HOMEOWNER’S TRANSFER FEE, UNLESS PAID BY SELLER, AND ONE MONTH HOMEOWNERS ASSOCIATION DUES
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INTEREST ACCRUED TO LENDER BEING PAID OFF, STATEMENT FEES, RECONVEYANCE FEES AND PREPAYMENT PENALTIES
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ALL NEW LOAN CHARGES (EXCEPT THOSE REQUIRED BY LENDER FOR SELLER TO PAY)
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TERMITE INSPECTION AND TERMITE WORK
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INTEREST ON NEW LOAN FROM DATE OF FUNDING TO 30 DAYS PRIOR TO FIRST PAYMENT DATE
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HOME WARRANTY (ACCORDING TO CONTRACT)
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ASSUMPTION OR CHANGE OF RECORDS FEE FOR TAKEOVER OF EXISTING LOAN
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ANY JUDGMENTS, TAX LIENS, ETC. AGAINST THE SELLER
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INSPECTION FEES (ROOFING, PROPERTY INSPECTION GEOLOGICAL, ETC.)
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TAX PRORATION (FOR ANY TAXES UNPAID AT TIME OF TRANSFER OF TITLE) AND ANY DELINQUENT TAXES
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HOME WARRANTY (ACCORDING TO CONTRACT)
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ANY UNPAID HOMEOWNER’S DUES, PROPERTY TAXES, BONDS OR ASSESSMENTS
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FIRE INSURANCE PREMIUM FOR FIRST YEAR UNLESS PROPERTY IS A CONDOMINIUM
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RECORDING CHARGES TO CLEAR ALL DOCUMENTS OF RECORD AGAINST SELLER
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