The table below shows the typical fees paid by a buyer and seller in a real estate transaction. If you have further questions, please don’t hesitate to contact us 206-334-8773!
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 fees 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: Homowner’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 Pest inspection Lender fees including: Appraisal Credit report Loan origination fee* Loan interest* Private mortgage insurance* *Fees determined by sales price and/or loan amount.
Payment of fees above can be negotiated within contract.
via cwtitle.net
Posted via Seattle Real Estate-Seattle Homes For Sale
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