What does a buyer typically pay for in a transaction?

Buyer Responsibilities in a typical Real Estate Transaction:
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 Section 2 Items (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

To discuss this and any real estate questions please contact Nicole, 949.922.8148.