Who Pays What?

The SELLER can generally be expected to pay for:

	Real Estate commission
	Document preparation fee for Deed
	Documentary transfer tax
	Any city Transfer/Conveyance Tax (according to contract)
	Payoff of all loans in seller's name
	Interest accrued to lender being paid off,  Reconveyance Fees and any Prepayment Fees
	Termite Inspection (according to contract)
	Repairs resulting from inspections (according to contract)
	Home Warranty (according to contract)
	Any judgments, tax liens, etc., against seller
	Tax proration (for any taxes unpaid at time of transfer of title)
	Any unpaid Homeowners' Dues
	Recording charges to clear after documents of record against seller
	Any bonds or assessments (according to contract)
	Any and all delinquent taxes
	Notary Fees
	Escrow Fee (or one half - according to contract)
	Title Insurance Premium for Owner's Policy

The BUYER can generally be expected to pay for:

	Title Insurance Premium for Lender's Policy
	Escrow Fee (or one half - according to contract)
	Document preparation (if applicable)
	Notary Fees
	Recording charges for all documents in buyers names
	Termite Inspection (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
	Pro- rated property taxes
	Inspection Fees (roofing, property inspection, geological, and in rural areas; septic tank and well inspections)
	Home Warranty (according to contract)
	City Transfer/Conveyance Tax (according to contract)
	Fire Insurance Premium for first year