CLOSING COSTS

The buyer generally will pay the following closing costs

Although the costs noted below are normally paid by the buyer, the seller and buyer may negotiate and agree that the seller will pay some of these costs.

Lenders title policy premium, if new loan Escrow fee, one half (except Seller pays all on VA) Document preparation, if applicable Notary fees, if applicable Recording charges for all documents in Buyer's name Homeowners Association transfer fee, one half Two months Homeowners Association fee All new loan charges (except those lender requires 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 takeover of existing loan Beneficiary statement fee for assumption of existing loan Home warranty premium, per contract Hazard insurance premium for first year All prepaid items, such as interest, or funds for an escrow account Courier fees if applicable Professional home inspection Click here if you would like an explanation of any of these costs.