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Clients often ask us about who pays for what in the typical
San Diego real estate transaction. Here is a list that outlines
what you could be expected to pay for, depending on whether
you are buying or selling your home.
Any questions? Just ask us!
- Document preparation fee for deed
- Documentary transfer tax ($1.10 per $1000 of sale)
- Recording charges to clear all documents of record against
seller
- Real estate commission
- Title insurance premium for owner's policy
- Zone disclosure report
- 50% of escrow fee
- Your notary fees
- Any loan fees required by buyer's lender (government loans)
- Outstanding homeowner's dues
- Homeowner's association transfer/documentation fees
- Interest accrued to lender being paid off, statement fees,
reconveyance fees and any prepayment penalties
- Payoff of all loans in seller's name (or existing loan
balance if being assumed by buyer)
- Tax proration (for any taxes unpaid at time of transfer
of title)
- All delinquent taxes
- Any judgments, tax liens, etc. against the seller
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- All new loan charges (except those required by tender
for seller to pay)
- Document preparation (if applicable)
- Recording charges for all documents in buyer's name
- Escrow fee (50%)
- Your notary fees
- Inspection fees (property inspection, roofing, geological,
etc.)
- Interest on new loan from date of funding to 30 days prior
to first payment date
- Tax proration (from date of acquisition)
- Title insurance premium for lender's policy
- The first year's fire insurance premium
- Homeowner's transfer fee
- Next month's homeowner association fees
- Assumption/change of records fee and beneficiary statement
for assumption of existing loan
- Any bonds or assessments
- Any city transfer/conveyance tax
- Home warranty
- Termite inspection
- Termite repair
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