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| Stacie Turner |
| 202.494.8220 |
202.234.3344 |
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| Everything in real estate is negotiable. The more knowledgable and skilled your realtor is, the better your needs and wants will be represented and negotiated. That being said, listed below are the typical ways in which costs associated with real estate transactions are split and paid. |
BROKER FEES
• Real Estate Agent Commissions |
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(split 50/50 between listing agent and buyer’s agent) |
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| • Admin Fee (depending on the Broker) |
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TITLE COMPANY FEES
• Settlement Fee
• Document Preparation Fee for the Deed
• Recording charges to clear all documents of record against the seller
• Courier or special delivery fees for sending documents
• Water escrow |
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The difference is returned to the seller when the final water bill is paid by the title company |
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OTHER
• City Transfer Tax
• Payoff of all loans in Seller’s name
• Tax pro-ration (for any unpaid taxes at the time of transfer of title)
• Any unpaid condo or HOA dues
• Any and all delinquent taxes |
CONTRACT SPECIFIC
• Termite inspection
• Roof certification
• Home Warranty
• First time home-buyer credit |
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