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Frequently asked questions

Which third-party fees does the seller pay?

No one said that buying a home would necessarily be cheap. Between the mortgage, the down payment, the closing costs, the property insurance...it can add up quickly.

But not every prospective homeowner is aware of third-party fees. These fees are associated with the wide range of tasks that are involved with buying a home, and are included in the closing costs. These third-party services could range from the appraiser to the home inspector to a credit monitor.

In terms of who pays for third-party fees specifically, that varies from state to state and even county to county. The responsibility for certain fees may also be used as a bargaining chip during the homebuying process.

For example, if the home inspection turns up some things that you would like repaired but you donโ€™t want to delay the close of the sale, you might negotiate to have the seller pay the agentโ€™s commission or some other portion of the fees.

Other fees that the seller may be responsible for are:

  • Home warranty premiums
  • Ownerโ€™s title insurance premiums
  • Transfer taxes and recording fees
  • Prorated taxes and HOA dues

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