Who Pays For What?
Who pays for what in a real estate transaction varies from city to city. Most fees are negotiable, but often customs develop and become expectations. Here are the customary fees and expenses in Alameda County:
Buyer Pays
County Transfer Tax 50% in the City of Alameda only, buyer pays 0% in all other cities
County Transfer Tax 50% in the City of Alameda only, buyer pays 0% in all other cities
City Transfer Tax 50%, other half paid by seller
Home Inspection
Loan Origination Fees
Credit Report
Loan Origination Fees
Credit Report
Appraisal Fee
Escrow Fees
Escrow Fees
Title Fees (owner's & lender's title insurance)
Notary Fees
Prorated Property Taxes (from date of purchase to end of tax period)
Notary Fees
Prorated Property Taxes (from date of purchase to end of tax period)
Seller Pays
County Transfer Tax 100%, in the city of Alameda the seller pays 50%
City Transfer Tax 50%, other half paid by buyer
Pest Inspection
Pest Repairs (Section 1 items)
Notary Fees
Transfer Fees
Reconveyance Fee
All Loan Balances secured by the property
Prorated Property Taxes (from beginning of tax period to close of escrow)
Real Estate Commissions
Real Estate Commissions
