Seller/Buyer Fees

THE SELLER CAN GENERALLY BE
EXPECTED TO PAY FOR:		 THE BUYER CAN BE GENERALLY
EXPECTED TO PAY FOR:
  • Real Estate Commission
  • Document preparation fee for Deed
  • Documentary transfer tax ($1.10 per $100,000 of sales price)
  • Any loan fees required by buyer’s lender
  • 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 judgments, 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 (for any taxes unpaid time of transfer of title)
  • Any bonds or assessments (according to contract)
  • Any and all delinquent taxes
  • Notary fees
  • Escrow Fee (seller’s portion)
  • Title Insurance Premium
  • Title Insurance Premium (Buyer’s lender portion)
  • Escrow Fee (Buyer’s Portion)
  • Document preparation (if applicable)
  • Notary Fees
  • Recording charges for all documents in buyer’s names
  • Property tax proration form 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, etc.)
  • City transfer/Conveyance Tax (according to contract)
  • Fire Insurance Premium for first year
  • Appraisal Fee
  • Credit Report
  • Any additional home warranty options