The Seller Generally Pays for:
• Real estate commission • Document prep fee for Deed • Transfer tax • Notary fees • Homeowner’s transfer fee • Interest accrued to Lender being paid off, statement fees, reconveyance fees and any payment penalties • Any judgments or tax liens • Tax pro-ration for any unpaid
property taxes • Any unpaid Homeowner’s dues • Any bonds or assessments • Any and all delinquent property taxes
The Buyer Generally Pays for:
• Title insurance premiums • Escrow fee• Document preparation • Recording charges for all documents in Buyer’s name • Any loan fees required by Buyer’s lender • Termite inspection • Tax pro-ration (from date of
acquisition) • All new loan charges • Interest on new loan from date of funding to thirty days prior to first payment date • Assumption/change of records fees for takeover of existing loan • Inspection fees (roofing, property inspection, geological, etc) • Fire insurance premium for first year
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