Selling –Who Pays What

• Owner’s title insurance premiums
• Real Estate commission
• ½ of the escrow fee (except VA)
• On VA loans, entire escrow fee must be paid by Seller

• Payoff all loans
• Interest accrued to lender being paid off, statement fees, reconveyance fees and prepayment penalties
• Termite work (according to contract)
• Home warranty (according to contract)
• Any judgements, tax liens, etc. against the seller
• Recording charges to clear all documents of record against seller
• Tax proration (for any taxes unpaid at time of transfer of title)
• Any unpaid homeowner’s association dues
• Any bonds or assessments (according to contract)
• Any and all delinquent taxes

• Lender’s title policy premiums
• ½ of the escrow fee (except VA)
• Document preparation (if applicable)
• Notary fees (if applicable)
• Recording charges for all documents in buyers name
• Homeowner’s Association transfer fee
• 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
• Home warranty (according to contract)
• Fire insurance premium for first year
• All pre-paids

*Termite inspection is placed in escrow by the BUYER but the cost is negotiable.