Who pays the typical fees attached to the home buying process?
Buyer pays for: Appraisal Credit Report Discount Points Escrow Payments Homeowner’s Association Fees Insurance Impounds Interest Adjustment Mortgage Insurance Impounds One-time MIP (FHA only) Origination Fees Prepaid Insurance Recording Fees Tax Impounds Title Policy VA Funding Fee (VA only) Seller pays for: Discount Points Escrow Fee Home Warranty Program Interest Adjustment Title Policy Pest Inspection Real Estate Commission Tax Service Source: Market Commentary, GMAC Mortgage
Buyer pays for: Appraisal Credit Report Discount Points Escrow Payments Homeowner’s Association Fees Insurance Impounds Interest Adjustment Mortgage Insurance Impounds One-time MIP (FHA only) Origination Fees Prepaid Insurance Recording Fees Tax Impounds Title Policy VA Funding Fee (VA only) Seller pays for: Discount Points Escrow Fee Home Warranty Program Interest Adjustment Title Policy Pest Inspection Real Estate Commission Tax Service Source: Market Commentary, GMAC Mortgage Question 2