What does a Buyer normally pay for in a home purchase?

 

  • ½ of escrow fees or according to what the contract states
  • Home warranty according to what the contract states
  • Any Inspection fees according to what the contract states
  • Recording charges for all documents in buyer’s name
  • Pro-rated taxes from the date of acquisition
  • Premium for the first year of home owner’s insurance
  • Policy premiums for the Lender’s title
  • Any document preparation if needed
  • All new loan charger with the exception required to be paid for by seller
  • Interim interest on the new loan from the time of funding until the first payment
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