Items the Seller Can Generally be Expected to Pay:

  • Real Estate Commission
  • Document preparation fee for deed
  • Documentary transfer tax, if any
  • Payoff of all loans in Seller’s name
  • Interest accrued to lender being paid off
  • Statement fees, reconveyance fees and any perpayment penalties
  • Termite inspection (or according to contract)
  • Termite work (or according to contract)
  • Home warranty (or according to contract)
  • Any judgments, tax liens, etc., against the Seller
  • Tax proration (for any taxes unpaid at time of transfer of title)
  • Any unpaid homeowner’s dues
  • Recording charges to clear all document of record against Seller
  • Any bonds or assessments (or according to contract)
  • Any and all delinquent taxes
  • Seller Notary fees
  • Escrow fee (one half)
  • Title insurance premium for Owner’s policy
  • Homeowner’s transfer fee
  • City transfer/conveyance tax (or according to contract)