At The Closing, SELLERS Typically Pay For These Items:

-Their own deed preperation (attorney fee).

-Deed stamps & land transfer tax associated.

-Their prorated share of: property taxes, property association dues, and other similar fees.

-Attorney fees, real estate fees if an agency is involved.

-Fees associated with loan payoff or transferring funds into a checking account (overnite fees, elect. fund transfer).

At (prior to) Closing, BUYERS Typically Pay For These :

-All home /  property inspections

-Surveys or elevation certificates.

-Their share of yearly property taxes, property association dues, and other similar annual fees.

-Fees for a title search & duties performed by their attorney, title insurance policy, hazard and home owner's insurance for a year, down payment and lender fees, flood zone certification fees.

-Payments to begin escrow accounts for property taxes and insurance that will be paid by lender the following year.