Real estate blog entries tagged with selling a home by Andrew Monaghan, CRS, GRI, EPro Associate Broker (The Monaghan Group)

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selling a home: Normal closing costs and who pays in Arizona - 05/20/16 04:05 AM

1. Downpayment BUYER
2. Termite (Wood Infestation) Inspection (negotiable except on VA) SELLER
3. Property Inspection (if requested by Buyer) BUYER
4. Property Repairs, if any (negotiable) SELLER
5. New Loan Origination Fee (negotiable) BUYER
6. Discount Points (negotiable) BUYER
7. Credit Report BUYER
8. Appraisal or Extension Fee (negotiable) BUYER
9. Existing Loan Payoff SELLER
10. Existing Loan Payoff Demand SELLER
11. Loan Prepayment Penalty (if any) SELLER
12. Next Month’s PITI Payment BUYER
13. Prepaid Interest (approx. 30 days) BUYER
14. Reserve Account Balance (Credit Seller / Charge Buyer) PRORATE
15. FHA MIP, VA Funding Fee, PMI Premium BUYER
16. Assessments payoff or proration (sewer, paving, etc.) SELLER
17. Taxes PRORATE
18. Tax Impounds BUYER
19. Tax … (0 comments)

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