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WHO PAYS WHAT IN MARIN COUNTY

The SELLER is generally expected to pay for:

-Real Estate Commission
-Document Preparation Fee for the deed
-Documentary Transfer Tax
-Payoff of all loans recorded against the property, including Accrued Interest including Statement Fee,
Trustee Fee, Reconveyance Fee, Demand Fee, Prepayment Penalty, Fax Fee
-Judgments, Tax Liens, etc. against the Seller
-Recording Charges to clear all documents of record against the Property
-Tax pro-ration (for any taxes unpaid at the time of the transfer of Title)
-Unpaid Homeowner's Dues
-Delinquent Taxes
-Notary Fees
-Bonds or Assessments (according to the Contract)
-Termite Work (according to the Contract)
-Home Warranty (according to the Contract)
 

The BUYER is generally expected to pay for:

-Title Insurance Premiums
-ALTA Inspection Fee
-Escrow Fee
-Document Preparation (if applicable)
-Recording Charges for all documents in the Buyers' names
-Tax Pro-ration (from the date of acquisition)
-Homeowner's Transfer Fee
-All new Loan Charges (except those required by the Lender for the Seller to Pay)
-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
-Beneficiary Statement Fee for assumption of Existing Loan
-Inspection Fees (roofing, termite, property inspection, geological etc.)
-Fire Insurance Premium for the first year

Tips brought to you by Cal Land Title.

 

About Blaine Morris, Marin Properties

As a top-producing licensed REALTOR with Frank Howard Allen in Greenbrae, California, Blaine Morris specializes in Central and Southern Marin County. Always just a phone call or email away, Blaine works seven days a week for his clients, providing them with the utmost in fast and efficient service and follow through. Whether you are searching for the home of your dreams, or thinking of selling it, Blaine can turn your dreams into reality! Behind Blaine is the strength and stability of the Central Marin office of Frank Howard Allen, the #1 office of the #1 Brokerage in Marin County.

Contact him today at 415.925.3279 or click here.

 

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