Seller is responsible for... | Buyer is responsible for... |
Owner's title insurance policy* | Lender's title insurance policy* |
1/2 escrow fee* | 1/2 escrow fee* |
Excise tax* | Recording fee |
Real estate commissions* | Surveys |
Utility payoffs | 1st year fire insurance |
Loan balances | 1st year flood insurance (if applicable) |
Doc prep fees - power of attorney, etc. | Doc prep fees - quit claim deed, etc. |
Misc. fees (wire, courier, signing fees) | Misc. fees (wire, courier, signing fees) |
Pro-rated property taxes | Pro-rated property taxes |
Home warranty (depends on contract) | Home warranty (depends on contract) |
Homeowner's association fees: | Homeowner's association fees: |
Pro-rated association dues | Pro-rated association dues |
Resale certificate / misc fees | Transfer fee / capital contribution |
FHA/VA financing, other fees may apply | Property inspection |
Recording Fee | Pest inspection |
Lender fees |