FHA LOAN SELLER’S CHARGES (buyers getting an FHA loan) 1. Loan Payoff (per existing lender’s payoff letter) 2. Commissions (per contract) 3. Title Insurance-Owner’s Title Policy 4. Tax Certificate 5. Prior Year Taxes Due 6. Prorated Taxes for the Current Year 7. Water & Sewer Bill 8. Record Release of Existing Loan 9. Inspection Fee* 10. Loan Discount Fee* -as per contract 11. Assignment of Deed of Trust* (if applicable) 12. Document Preparation* (if applicable) 13. Tax Service Fee* 14. Real Estate Closing Fee 15. Express Mail Fees (if applicable) 16. Homeowners Dues, Fees, etc. *Amounts Determined by the New Lender Note: Buyer must pay all prepaid expenses. All other charges are negotiable if agreed to by all parties in the sales contract.
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