The following are fee's typically paid for by the Buyer in a Real Estate transaction:

  • Escrow fees
  • Document preparation (if applicable)
  • Notary fees
  • Recording charges for all documents in buyer's name
  • Termite inspection (according to contract)
  • Tax proration (from date of acquisition)
  • Homeowner's 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
  • Assumption/Change of Records fees for take-over of existing loan
  • Beneficiary Statement fee for assumption of existing loan
  • Inspection fees (roofing, property inspection, geological, etc.)
  • Home Warranty (according to contract)
  • Lender's policy
  • Fire insurance premium for first year