SF2Marin.com - Relocating to the Bay Area?

RELOCATING TO THE BAY AREA?

The SELLER is generally expected to pay for:

Real Estate Commission
Document preparation fee for the Deed
Documentary transfer tax
Payoff of all loans in the Seller's name (or existing loan if being assumed by the buyer)
Interest accrued to the lender being paid off, Statement Fees and Prepayment Penalties
Termite Work (according to the contract)
Home Warranty (according to the contract)
Any judgments, tax liens, etc., against the Seller
Recording charges to clear all documents of record against the Seller
Tax pro-ration (for any taxes unpaid at the time of the transfer of title)
Any unpaid Homeowner's Dues Any bonds or assessments (according to the contract)
Any and all delinquent taxes
Notary Fees

The BUYER is generally expected to pay for:

Title insurance premiums
Escrow Fees
Document preparation (if applicable)
Notary Fees
Recording charges for all documents in the Buyer's names
Tax pro-ration (from the date of acquisition)
Homeowner's transfer fee
All new loan charges for all documents in the Buyer's names
Interest on the new loan from the date of funding to 30 days prior to the first payment date
Assumption/Change of Records fees for takeover of existing loan
Inspection Fees (roofing, termite, property inspection, geological, etc.)
Fire Insurance Premium for the first year

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