Page 17 - 2024 CTT Title & Escrow Guide for Buyers & Sellers - Oregon

|
Strength Expertise Service
|

THE BUYER TYPICALLY
PAYS FOR:

ü One-half of the escrow fee (according to
contract)

ü Lender’s title policy premiums (ALTA)
ü Document preparation (if applicable)
ü Tax pro-ration (from date of acquisition)
ü Recording charges for all documents in

buyer’s names
ü Home Owner’s insurance premium for first
year
ü Home Warranty (according to contract)

ü Inspection fees (according to contract):
roofing, property, geological, pest, etc.
ü All new loan charges (except those
required by lender for seller to pay)

ü Interim interest on new loan from date of
funding to first payment date

* Practice varies by county and will be detailed in PSA

S TRENGTH | E X P ER TISE | SERV ICE PA GE 15