Who Pays What Escrow Fee and Title Fee? In California Who Pays What is determined by local custom. Traditionally Northern California pays fees one way while Southern California has a somewhat different fee traditon. Of course, all the fees are negotiable and can be changed by the purchase contract. Below is a list of who pays which fees in Soputhern California. The SELLER can generally be expected to pay for: Real estate commission Owners title insurance policy 1/2 of the sub-escrow fee 1/2 of escrow fee Document preparation fee for deed Documentary transfer tax Transfer or conveyance tax Loan fees required by buyer's lender (FHA/VA) Payoff all loans against property Seller's lender being paid off Interest accrued Statement fees Reconveyance fees Prepayment penalties Termite inspection (according to contract) Termite work (according to contract usually section 1) Home warranty (according to contract) Any judgements, tax liens, etc., against the seller Tax proration (for any taxes unpaid at the closing) Any unpaid homeowner's dues Recording charges to clear all documents of record against seller Any bonds or assessments (according to contract) Any and all delinquent taxes Notary fees The BUYER can generally be expected to pay for: Lenders title insurance policy 1/2 of the sub-escrow fee 1/2 of escrow fee Document preparation (if applicable) Notary fees Recording charges for all documents in buyer's name Tax proration (for any taxes unpaid at the closing) Homeowner's transfer fee All new loan charges (except FHA/VA loans) Interest on new loan from date of funding to 30 days prior to first payment date Assumption or change of records fee on existing loan Assumption of existing loan Inspection fees (roofing, property, geological, etc.) Termite work (according to contract usually section 2 ) Home warranty (according to contract) Fire insurance premium for first year David's Golden Quote of the Day "Make yourself an honest man, and then you may be sure there is one less rascal in the world." - Thomas Carlyle MORE How are the Schools? - David Walker FREE School Report David's No Sales Calls Policy Thank You for using www. CondoHouse.Com to find out about homes for sale, sold homes, real estate, and fun things in Ventura County. I will help you with all your Real Estate Needs! - Contact David L. Walker Broker 805 - 377- 0897 or Toll Free 888 - 317 - 9320 "I answer my own phone" Email at David@CondoHouse.Com AOL -Friendly Email Address Home | Ventura Homes | Ventura Condos | Ventura Beach Oxnard Homes | Oxnard Condos | Oxnard Beach Camarillo Homes | Links | Ojai Homes Home Buyers | Home Sellers MLS Listing | My Listings + David L Walker Contact Please seek legal and/or tax advise from qualified professionals. The Information contained in this Web Site (www.condohouse.com) is believed to be accurate but is not guaranteed. Any link is for informational purposes only and is not a recommendation nor an endorsement or guaranteed. This Information is to be used for a reference and any questions that you may have should be directed to the appropriate Real Estate Agent. If you are interested in any of the properties contained within this web site, please contact the appropriate Real Estate Agent. If your property is listed with a Broker, this site is not intended as a solicitation of the listing. Property offered is subject to prior sale. David Walker, Realtor, or CondoHouse Realtors nor Ventura County Coastal Association of Realtors ® or Conejo Valley Association of Realtors ® can not be held responsible for any Errors or Omissions that may have occur upon the Publishing of this Information. More Disclaimer By submitting your Email address you are consenting for David Lee Walker to contact you even if your name is a "Do not spam List". By submitting your telephone number you are consenting for David Lee Walker to contact you even if your name is on the Federal "Do not call List". This California Real Estate site has been Copyright 1999 - 2008 David L Walker. All Rights Reserved If you are relocating, contact me and I will introduce you to one of my Great Realtor ® Friends below. Camarillo Real Estate . Southern California Real Estate . Ventura Camarillo and Oxnard California Real Estate . Oahu Hawaii Real Estate Ventura Real Estate For Ventura County Real Estate Information Call David 805 - 377 - 0897 Home Office 805 - 486 - 3030 E-mail david@condohouse.com This site, built, maintained and updated by David Lee Walker "The Internet Broker" of Ventura County, e-PRO CondoHouse Realtors Since January 2000, 4,194,081 Pages were Viewed by 1,288,312 People Yesterday 684 Pages were Viewed by 284 Possible Buyers or Sellers So What Does that Mean to You? Last Modified: Sunday, May 11, 2008,11:20 AM 234 Days Left in this Year 63.9 132 Days have Passed 36.0