Who Pays For What In A Standard San Diego, California Real Estate Transaction?
The Seller (Generally Pays for in a Traditional/Standard Real Estate Transaction).
- Real Estate commission.
- Escrow Fee (50%).
- Document preparation fee.
- Documentary transfer tax ($1.10 per $1,000 of sale).
- Any City transfer conveyance tax (per real estate contract).
- Any loan fees required by buyer's lender (government loans).
- Payoff of all loans in seller's name.
- Interest accrued to lender being paid off.
- Termite inspection and or termite work per real estate contract.
- Home warranty (per real estate contract).
- Any judgments, tax liens -child support, IRS etc, against seller.
- Tax pro-ration.
- Any unpaid homeowner's dues.
- Recording charges to clear all documents of record against seller.
- Any bonds or assessments (per real estate contract).
- Any & all delinquent taxes.
- Homeowners association transfer--document fee's
- Homeowners title insurance policy premium.
- Zone disclosure report.
The Buyer (Generally Pays for in a Tradition/Standard Real Estate Transaction).
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- Title insurance premium for lender's policy.
- Escrow fee (50%)
- Document preparation (if applicable)
- Recording charges for all documents in buyer's name.
- All new loan charges, except those paid by seller (government loans).
- Interest on new loan from date of funding to 30 days prior to first payment date.
- Possible Termite inspection--per real estate contract.
- Assumption/change of records fee for take-over of existing loan--per real estate contract.
- Inspection fees (house, roof, geological etc).
- Fire insurance premium (first year)
- Next months HOA fee(s).
Information offered by Crescent Moon Realty, Inc. Get your "FREE" home buyers guide today.
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