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  • Life of an Escrow

  • Our Escrow Services

  • What do I have to do while in Escrow?

  • Seller Responsibilities

  • Buyer Responsibilities

  • Common forms of Ownership

  • What is a 1031 Exchange?
  • Seller Responsibilities

    The seller can generally be expected to pay for:
    • Real Estate Commission
    • Document preparation fee for Deed
    • Documentary transfer tax ($1.10 per $1,000.00 of sales price)
    • Payoff of all loans in seller´s name (or existing loan balance if being assumed by buyer)
    • Interest accrued to lender being paid off, Statement Fees, Reconveyance
    • Fees and any prepayment penalties.
    • Termite inspection (according to contract)
    • Termite Work (according to contract)
    • Any judgments, tax liens, etc., against the seller.
    • Tax proration (for any taxes unpaid at time of transfer of title)
    • Any unpaid Homeowners 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
    • Escrow Fee (one half)
    • Title Insurance Premium for Owner´s Policy

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