Buyer Typically Pays For:

• Buyers Escrow fees
• Notary fees
• Recording charges for all documents in buyer's name
• Tax proration (from date of acquisition)
• All new loan charges (except those required by lender for seller to pay)
• Interest on new loan from date of funding to 30 days prior to first payment date.
• Inspection fees (roofing, property inspection, geological, etc.)
• Lender's Title Insurance Policy
• Fire insurance premium for first year

Seller Typically Pays For:

• Real estate commission
• Sellers Escrow fees
• County documentary transfer tax
• Applicable city transfer/conveyance tax
• Document preparation fee for deed
• Payoff of all loans in seller's name (or existing loan balance if being assumed by buyer)
• Interest accrued to lender being paid off
• Statement fees, reconveyance fees and any prepayment penalties
• Termite inspection (according to contract)
• Termite work (according to contract)
• Home Warranty (according to contract)
• Any judgements, tax liens, etc., against the seller
• Tax proration (for any taxes unpaid at time of transfer of title)
• Any unpaid homeowner's dues
• Recording charges to clear all documents of record against seller
• Any bonds or assessments (according to contract)
• Any and all delinquent taxes
• Notary fees - escrow fee
• Title insurance premium: Owner's Policy