For Sale By Owners and Buyers Welcome !



  Other Buyer Costs

There are other costs associated with the closing that are typically paid by the buyer. They often include:

-- Fees paid to the lender: Loan discount points, loan origination fee, credit report fee, appraisal fee, and assumption fee.
-- Advance payments or prepaid fees: Interest, mortgage insurance premium, and hazard insurance premium.
-- Escrow accounts or reserves: State and local law and lenders' policies vary but these reserves may have to be set up if the lender will be paying property taxes, mortgage insurance, and hazard insurance.
-- Title charges: Closing (or settlement) fee, title insurance premium, title search, document preparation fees, and attorney fees. The fees the buyer pays for a real estate attorney are not part of settlement procedures.
-- Recording and transfer fees: States often impose a tax on the transfer of property. The payment of a fee for recording the purchasing documents may be required.
-- Additional charges: Surveyor's fees, termite and other pet infestation inspection fees, and the cost of other inspections required by the lender.
-- Adjustments: Items paid by the seller in advance and items yet to be paid for which the seller is responsible. The most common expense is property taxes, but others may have to be addressed.

 

[ Back To Real Estate Glossary ]

HOME
SCPalmettoGroup@gmail.com The Palmetto Group
Saint Matthews Real Estate and Homes For Sale on ViewMyListing.com
Ok let's face it, Gas prices are HIGH and Increasing ! So if you where thinking of buying or selling your Real Estate in the Orangeburg Lexington Columbia area, let's calculate some figures to make a better educated decision. Enjoy !
Current Cost of Fuel
$
Do You Plan to Buy or Rent?
Loan Amount of Home in Town A
$
Loan Amount of Home in Town B
$
Mortgage Interest Rate
%
Commuting Details (more info)
Add this calculator to your site. Download it here.
South Carolina real estate directory
palmetto

Click Here for your Realty Times News Letter.

Who links to my website?
SCIway – South Carolina's Information Highway
SCIway
MSN Search
palmetto
Ask.com
ABC Real Estate Directory
Saint Matthews Real Estate and Homes For Sale on ViewMyListing.com  Valuecom Real Estate Gold
Google
"Because of Heavy activity in our market, some of these listings may already be under contract. Please email or call us to find out the current status of any listing in which you are interested.
Thank You ! The Palmetto Group


Listings/Foreclosures | Orangeburg MLS | Columbia MLS | Commercial Listings | Freddie Mac Listings | Closed Listings | Lots & Land | Buyer/Seller Info | Market Analysis | Mortgage Rates | Dream Home Maker | Mortgage & Insurance | The Brer Pools | Colonial Structures | Photos & Developments | See Our Agents | Contact Us | Employment | Guest Book | Community Info | Schools | Weather Report | Local Phone Numbers | Helpful Things | Help in Relocating | Mortgage Calculator | Helpful Documents | Yahoo City Comparison | Link To Us | Real Estate Links | Home

Real Estate Websites by iHOUSEweb, Inc. ®

Site Admin Menu