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Who Pays What in Northern California Real Estate Transactions?

Section 4 of the standard California City Transfer
Association of Realtor contract for the Tax: Seller Napa Recording
purchase of residential property is Fees: Buyer Title
called "Allocation of Costs." It deals Insurance: Buyer Escrow
with whether the buyer or the seller pay Fees: Buyer County Transfer Tax: Seller
for termite inspection, home inspection, City Transfer Tax: Sacramento
smoke detector installation etc. The most Recording Fees: Buyer Title
costly items which seller and buyer Insurance: Seller Escrow Fees: Seller or
negotiate are-- Recording fees-- Title Split County Transfer Tax: Seller City
insurance-- Escrow Fees-- County and City Transfer Tax: Split San Francisco
transfer tax.Anything can be negotiated Recording Fees: Buyer Title
and becomes binding on the parties who Insurance: Buyer Escrow
sign the contract; however, there are Fees: Buyer County Transfer Tax: Seller
certain customs which differ from county City Transfer Tax: San
to county as to who pays what.The Mateo Recording Fees: Buyer Title
following list gives an overview about Insurance: Buyer Escrow
counties in and close to the Bay Area and Fees: Buyer County Transfer Tax: Seller
the customary allocation of certain City Transfer Tax: Seller or
costs.When your Real Estate Agent writes Split Santa Clara Recording
your purchase contract, make sure he Fees: Buyer Title Insurance: Seller
marked the right check boxes.In a buyer's Escrow Fees: Seller County Transfer
market, buyers need not stick to customs Tax: Seller City Transfer Tax: Seller
but can ask for more. Many sellers cannot or Split Solano Recording
pay the higher interest rates and are Fees: Buyer Title
happy to get out of a property, even if Insurance: Buyer Escrow
it means that they pay costs they would Fees: Buyer County Transfer Tax: Seller
not have paid two years City Transfer
ago. Alameda Recording Tax: Seller Sonoma Recording
Fees: Buyer Title Fees: Buyer Title
Insurance: Buyer Escrow Insurance: Buyer Escrow
Fees: Buyer County Transfer Tax: Seller Fees: Buyer County Transfer Tax: Seller
City Transfer Tax: Split Contra City Transfer
Costa Recording Fees: Buyer Title Tax: Seller Yolo Recording
Insurance: Buyer Escrow Fees: Seller Title Insurance: Seller
Fees: Buyer County Transfer Tax: Seller Escrow Fees: Seller County Transfer
City Transfer Tax: Negotiable Marin Tax: Seller City Transfer Tax: Seller
Recording Fees: Buyer Title useful links: Nielsen is an MBA and a
Insurance: Buyer Escrow broker in California.
Fees: Buyer County Transfer Tax: Seller




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