The Seller can generally* be expected to pay for:

• Real Estate Commission
• Document preparation fee for Deed
• Documentary transfer tax
• Any city Transfer/Conveyance Tax (according to contract)
• Any loan fees required by buyer’s lender (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
• Title Insurance Premium
• 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

The Buyer can generally* be expected to pay for:

• Title Insurance Premium
• Escrow Fee
• Notary Fee
• Document preparation (if applicable)
• Recording charges for all documents in buyer’s name
• Termite Inspection (according to contract)
• Tax proration (from date of acquisition)
• Homeowner’s transfer fee
• All new loan charges (except those require by the lender for seller to pay)
• Interest on new loan from date of funding to 30 days prior to first payment date
• Assumption/Change of Records fees for takeover of existing loan
• Beneficiary Statement Fee for assumption of existing loan
• Inspection Fees (roofing, property inspection, geological, etc.)
• Home warranty (according to contract)
• City transfer/Conveyance Tax (according to contract)
• Fire insurance Premium for first year