Page 19 - CTT Title & Escrow Guide for Buyers & Sellers - Montana

|
|
Strength Expertise Service

THE BUYER TYPICALLY
PAYS FOR:

ظ Title insurance premium for the
lender’s policy
ظ Escrow fee
ظ Document preparation (if applicable)
ظ Recording charges for all documents
in buyer’s name
ظ Tax proration from the closing date
ظ All new loan charges (except those
required by lender for seller to pay)
ظ Interest on new loan from date of
funding to 30 days prior to first
payment date
ظ Assumption/change of records fees
for takeover of existing loan
ظ Beneficiary statement fee for
assumption of existing loan
ظ Inspection fees (termite, roofing,
property inspection, geological, etc.)
ظ Fire insurance premium for first year
ظ Mobile Notary fees, if any
ظ Home Warranty (according to contract)

PA GE 17