Strength Expertise Service | |
THE BUYER TYPICALLY PAYS FOR: 9 Title insurance premium for the lender’s policy
9 Title insurance premium for owner’s policy 9 Buyers agent compensation, as agreed 9 Escrow fee* 9 Document preparation (if applicable) 9 Recording charges for all documents in buyer’s name 9 Tax proration from the closing date 9 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 9 Assumption/change of records fees for takeover of existing loan 9 Beneficiary statement fee for assumption of existing loan 9 Inspection fees (termite, roofing, property inspection, geological, etc.) 9 Fire insurance premium for first year 9 Mobile Notary fees, if any 9 Home Warranty (according to contract)
* Practice varies by county and will be detailed in PSA
STRENGTH | EXPERTISE | SERVICE
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