The buyer can generally be expected to pay for:
- Title insurance Premium for Lender´s Policy
- Escrow Fee (one half)
- Document preparation (if applicable)
- Notary Fees
- Recording charges for all documents in buyers names
- Termite inspection (according to contract)
- Tax proration (from date of acquisition)
- Homeowners 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 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.)
- City Transfer/Conveyance Tax (according to contract)
- Fire Insurance Premium for first year