| The SELLER can generally be expected to pay for: |
|
The BUYER can generally be expected to pay for: |
| • Owners Title Policy |
• Title insurance premiums |
| • Real Estate Commission |
• Escrow Fee |
| • Escrow Fee |
• Sub-Escrow Fee |
| • Document preparation fee for Deed |
• Document preparation (if applicable) |
| • Request for Demand/s fee |
• Notary Fees |
| • Document transfer tax ($1.10 per $1,000 of sales price) |
• Recording charges for all documents in buyer's name |
| • Los Angeles City Transfer Tax & Los Angeles City Area Tax |
• Tax pro-ration (from date of acquisition) |
| • Any loan fees required by buyer's lender |
• Homeowner's transfer fee |
| • Payoff of all loans in seller's name (or existing loan balance if being assumed by buyer) |
• All new loan charges (except those required by lender for seller to pay) |
| • Beneficiary Statement Fee Existing Lender |
• Interest on new loan from date of funding to 30 days prior to first payment date |
| • Interest accrued to lender being paid off |
• Assumption/Change of Records fees for takeover of existing loan |
| • Statement Fees & Reconveyance Fees |
• Home Warranty (according to contract) |
| • Termite Inspection & Work (according to contract) |
• Fire Insurance Premium for first year |
| • Home Warranty (according to contract) |
• Flood Insurance if required by lender |
| • Any judgment, tax liens, etc. against the seller |
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| • Recording charges to clear all documents of record against the seller |
|
| • Tax pro-ration (for any taxes unpaid at the time of title transfer of title) |
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| • Any unpaid Homeowner's dues |
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| • Homeowners transfer & document fee |
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| • Any bonds or assessments (according to contract) |
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| • Any and all delinquent taxes |
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| • Notary Fee |
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| • Zone Disclosure |
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