Closing Cost Comparison

There are a number of closing costs that the buyer and the seller need to consider. Below are the typical closing costs that are paid by each party in our county, however, sometimes these are paid by the other party. The purchase and sale agreement may outline assignment of closing costs differently than what I have outlined below.

Half of escrowHalf of escrow
Document preparation fees per the lenderTitle Insurance Premium
Pro-rated property taxes from closing dateExcise Tax (based on county percentage)
Pro-rated HOA dues from closing dateUnpaid property taxes
Homeowners InsuranceUnpaid utilities
Inspection feeUnpaid homeowner association dues
Appraisal feeUnpaid assessments
Mortgage interest from load date to first paymentAny outstanding liens and judgements
Certain utilities from closing date and fuels remaining on-siteReal estate commission