Who Pays What in Santa Clara County?

Sellers Generally Pay...

  • Real estate brokerage fee
  • Title insurance-(CLTA or ALTA)
  • Document preparation fee for deed
  • Escrow fee- seller
  • Transfer tax 
    ÂÂ ($1.10 per $1000 sales price)
  • Any city transfer tax (split 50/50)
  • County transfer tax
  • Any credits to buyer for repairs
  • Interest accrued to loan being paid off
  • Lender payoff statement fees
  • Loan re-conveyance fees
  • Loan prepayment penalties, if any
  • Repair work (according to contract)
  • Home warranty (according to contract)
  • Geo/Environmental hazard disclosure
  • Any liens, taxes, etc., against seller
  • Prorated property taxes
  • Any unpaid bonds or assessments
  • Any delinquent property taxes
  • Notary fees
  • Courier fees
  • Recording fees
  • Prorated homeowner's dues
  • Escrow coordination fee

Buyers Generally Pay...

  • Loan Related Title insurance
  • Escrow Fee'Buyer
  • Appraisal Fee
  • Credit Report
  • Tax Service Fee
  • Notary Fees
  • Recording fee for docs in buyer's name
  • Property condition inspections
  • Prorated property taxes
  • Wire transfer fees of funds (if any)
  • Homeowner's transfer fee
  • Prorated homeowner fees
  • Loan origination fees
  • Loan document or processing fees
  • Any buyer repair upgrades
  • Home warranty (according to contract)
  • Interest on new loan from date of funding 
    to 30 days prior to first payment
  • Prorated insurance/taxes ' (if impound)
  • City transfer tax (split 50/50)
  • Hazard insurance premium for first year
  • Courier fees
  • Loan points or fees to assume existing loan
  • Escrow coordination fees
  • Payoff statement for assumed loan
Nil Erdal
Nil Erdal
Realtor ®