Typically speaking, the escrow fee is split in half. Each side , buyer and seller, have their own title insurance to pay. The owner (seller) buys an owner's policy and the buyer (borrower) buys a policy for the loan. Routine termite and other inspections are typically paid for by the buyer, however sometime sellers pay for the termite report. Any section I items on the termite report are paid for by the seller and Section II items are negotiable. Other costs such as the Home Warranty can be paid for by the seller, but are also negotiable.
The key to remember is that there are no hard and fast rules and that it is all negotiable.
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Posted on: Mon, 08/04/2008 - 19:16
#1
TFarwell 
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Posted on: Tue, 08/19/2008 - 18:15
#2
CF Escrow 
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La Jolla, CA
This is a good reference: http://www.homegain.com/i...
San Diego, CA
Typically speaking, the escrow fee is split in half. Each side , buyer and seller, have their own title insurance to pay. The owner (seller) buys an owner's policy and the buyer (borrower) buys a policy for the loan. Routine termite and other inspections are typically paid for by the buyer, however sometime sellers pay for the termite report. Any section I items on the termite report are paid for by the seller and Section II items are negotiable. Other costs such as the Home Warranty can be paid for by the seller, but are also negotiable.
The key to remember is that there are no hard and fast rules and that it is all negotiable.