OUR ESCROW PARTNERSHIP
Providing Exactly What You Need
In addition to traditional real estate transactions, we're set up to facilitate seamless crypto transactions including crypto-to-cash conversions and wallet-to-wallet. Whether you're purchasing with cash, crypto or financing, we'll guide you through the entire process.
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Who Pays What??
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The SELLER generally pays for the following:
Real Estate Commissions
Document preparation fee for Deed
Documentary transfer tax
Any city Transfer/Conveyance Tax (according to contract)
Any loan fees required by buyer's lender
Payoff of all loans in seller's name (or existing loan balance if being assumed by buyer}
Interest accrued to lender being paid off, Statement Fees, reconveyance Fees and any Prepayment Penalties
Termrte Inspection (according to contract)
Termite Work (according to contract)
Home Warranty (according to contract)
Any judgments, tax liens, etc., against the seller
Tax proration (for any taxes unpaid at time of transfer of title}
Any unpaid Homeowner's dues
Title Insurance Premium
Recording charges to clear all documents of record against seller
Any bonds or assessments (according to contract)
Any and all delinquent taxes
Notary Fees
Seller's Escrow Fee
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The BUYER generally pays for the following:
Title Insurance Premium
Buyer's Escrow Fee
Notary Fee
Document preparation (if applicable}
Recording charges for all documents in buyer's name
Termite Inspection (according to contract)
Tax proration (from date of acquisition)
Homeowner's transfer fee
All new loan charges (except those require by the lender for seller to pay)
Interest on new loan from date of funding to 30 days prior to first payment date
Assumption/Change of Records fees for takeover of existing loan
Beneficiary Statement Fee for assumption of existing loan
Inspection Fees (roofing, property inspection, geological, etc.)
Home warranty (according to contract}
City transfer/Conveyance Tax (according to contract)
Fire insurance Premium for first year
IF CONVERTING CRYPTO, there may be an extra .05%-1% extra charge based on purchase price.
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