Escrow – Who Pays for What?

The Buyer can generally* be expected to pay for:

• Lenders title insurance policy One-half of the sub-escrow fee Buyer’s escrow fee and processing
• Document preparation (if applicable)
• Email Loan Document fee
• Notary fees (as applicable)
• Recording charges for all documents in buyer’s name
• Tax proration (for any taxes unpaid at the closing)
• Homeowner’s transfer fee (according to contract)
• All new loan charges
• Interest on new loan
• Inspection fees (roofing, property, geological,etc.)
• Home warranty (according to contract)
• City transfer tax (according to contract)
• Fire insurance premium for first year
• Next month’s HOA dues
• Messenger fees