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Who Pays For What Is In The Real Estate Transaction?

Who Pays For What Is In The Real Estate Transaction
The Seller
Generally Pays:
- Real Estate Commission
- Escrow Fees (50%)
- Document Preparation Fee
- Documentary Transfer Tax ($1.10 per $1000 of sale)
Any loan Fees Required by Buyer’s Lender (Government Loans)
Pay Off Of All Loans in Seller’s Name • Interest Accrued to Lender Being Paid Off
Termite Inspection (According To Contract)
Home Warranty (According to Contract)
- Any Judgments, Tax Liens, etc. Against the Seller
- Tax Proration • Any Unpaid Homeowner’s Dues
Any Bonds or Assessments (Check Contract)
Any & All Delinquent Taxes • Homeowner’s Title Insurance Policy Premium
Homeowner’s Association Transfer Fee-Doc Fess
Zone Disclosure Report
The Buyer
Generally Pays:
Title Insurance Premium for Lender’s Policy
Escrow Fee (50%)
Document Preparation (if applicable)
Recording Charges for All Documents in Buyer’s Name
Termite (According to Contract) • ALL New Loan Charges ( Except Those Paid by seller-Government Loans)
Interest on New Loan From Date of Funding to 30 Days Prior to First Payment Date
Assumption/Change of Records Fee for
Take-Over of Existing Loan
Inspection Fees (Proper Inspection, Roofing, Geological, etc.)
- Fire Insurance Premium (1st Year)
- Next Months HOA Fee(s)

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