The Buyer Generally Pays:

  • Title insurance premium
  • Escrow fee
  • Document preparation (if applicable)
  • Notary fees
  • 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 required by lender for seller to pay if applicable)
  • Interest on new loan from date of funding to 30 days prior to first payment date
  • Assumption/charge of records fees for takeover of existing loan
  • Inspection fees (roofing, property inspection, geological, etc.)
  • Home warranty (according to contract)
  • City transfer/conveyance tax (according to contract)
  • File insurance premium for first year