Who Pays For What?



All costs are reflective of an average or typical cost
 

Description Payee Typical Cost Who Pays?
Appraisal Lender $250-$550 Buyer
Credit Report Lender $30-$75/ borrower Buyer
Home Inspection Inspection Company $250-$500 Buyer
Pest Inspection Inspection Company $175.00 Buyer
Radon Test Inspection Company $175.00 Buyer
Water Test Inspection Company $175.00 Buyer
Septic Test Inspection Company $175.00 Buyer
Attorney / Closing Company Fee Attorney / Closing $300-$750 Buyer
Attorney / Closing Company Fee Attorney / Closing $300-$750 Seller
Title Insurance Title Insurance Company $570-$3,000 Buyer
Recording Fee Courthouse $95.00 Buyer
State Transfer Tax 1% PA IRS 1% of Purchase Price Buyer
State Transfer Tax 1% PA IRS 1% of Purchase Price Seller
Interest Per Day Lender Loan Amount x Rate - 365 Buyer
Commission Real Estate Agent 6% (Negotiable) Seller


Each Transaction is unique. The costs above are just a sample of the most common costs within a Real Estate transaction.


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