SECTION 1 
    *Advantages of home ownership 
    *Question & answer 
    *Glossary for the home buyer 
    SECTION 2 
    *Types of
    policies 
    *Common methods of holding title 
    *Common ways of holding title to real property 
    SECTION 3 
    *Who pays what? 
    *Alameda County closing costs 
    *Tax calender 
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    WHO PAYS WHAT? An Estimate
    Guide to Closing Cost (Closing Cost Are Always Negociable)
      
        | The SELLER can generally be expected
        to pay for: | 
        The BUYER can generally be expected to
        pay for: | 
       
      
        
          
          - Real Estate Commission
 
          - Document preparation fee for Deed
 
          - Documentary transfer tax ($1.10 per $1,000 of sales price)
 
          - Any City Transfer/ Conveyance Tax (according to contract)
 
          - Any loan fees required by buyers lender
 
          - Payoff of all loan balance if being assumed by buyer)
 
          - Interest accrued to Lender being paid off, Statement Fees, Reconveyance Fees and any
            Prepayment Penalties
 
          - Termite Inspection (according to contract)
 
          - Termite Work (according to contract)
 
          - Home Warranty (according to contract)
 
          - Any Judgements, tax liens, etc. against the seller
 
          - Recording charges to clear all documents of record against Seller
 
          - Tax pro-ration (for any taxes unpaid at time of transfer of title)
 
          - Any unpaid Homeowners dues
 
          - Any bond or assessments (according to contract)
 
          - Any and all delinquent taxes
 
          - Notary Fees
 
         
           | 
        
          
          - Title insurance premiums
 
          - Escrow Fee
 
          - Document preparation (if applicable)
 
          - Notary Fees
 
          - Recording charges for all documents in buyers names
 
          - Termite Inspection (according to contract)
 
          - Tax pro-ration (from date of acquisition)
 
          - Homeowners transfer fee
 
          - All new loan charges (except those required by 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
 
         
          
        Information Deemed Reliable, but Not Guaranteed. 
        ©Barbara Kolodziejski, 1999-2003.  | 
       
     
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        | "Earth | 
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        | To Life | 
        ...... | 
        Support | 
       
      
        | To the Explorer | 
        ...... | 
        A Base | 
       
      
        | To the Wise | 
        ...... | 
        An Investment" | 
       
     
     Alameda 
    The Best Kept Secret in San Francisco Bay
    Area 
     
    Barbara Kolodziejski 
    www.BarbK.com  
    Good Things Come To Those Who Make Things 
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