There is nothing like a dream to create the future - Victor Hugo
 
Buyer’s Costs

Buyer’s Costs

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Below you will find the traditional list of expenses a Buyer typically pays for in a real estate transaction. Keep in mind that many of these items can be negotiated by both parties at the time of the offer, excluding some expenses required by the lender to be paid specifically by the seller.

–  Escrow Fees

–  Document Preparation, if applicable

–  Recording charges for all documents in buyer’s name

–  Tax Proration for any taxes unpaid at the time of transfer of   title

–  All new loan charges, except those required by lender for seller to pay:

*  Appraisal
*  Credit Report
*  Tax Service Fee
*  Loan Origination /Discount Fee
*  Reserves for Taxes and Insurance
*  Flood Certification
*  Mortgage Insurance Premium

–  Title Insurance Premium, Lender’s Policy

–  Interest on new loan from date of funding to 30 days prior to firth payment date

–  Inspection fees

–  Homeowner’s transfer fee, if applicable

–  Fire Insurance premium for first year

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