CLOSING COSTS

BUYER GENERALLY PAYS FOR: n Loan Policy and Endorsements n Record Warranty Deed n Record Deed of Trust n Courier Fee n Escrow Fee n Tax Service Fee* n Full-Year Homeowner’s Insurance Policy* n 2-3 Months Hazard Insurance Escrow* n Tax Reserve* n Loan Origination and/or Discount Fee* n Appraisal* n Credit Report* n Lender Document Preparation* n Flood Certification* n Mortgage Insurance Premium - MIP or PMI* n Miscellaneous Loan Fees* n Guaranty Fee n Inspection Fees n Prepaid Items such as Pro-Rated Property Taxes and HOA Dues n Any Other Cost as Outlined in Contract

* Lender Charge

SELLER GENERALLY PAYS FOR: n Loan Payoff (Per Existing Lender’s Payoff Letter) n Owner’s Title Policy Premium n Record Release of Existing Lien(s) n Current Year Real Estate Tax Proration (Per Contract) n Prior Year’s Property Taxes Still Due (If Due) n Homeowner’s Association Dues and Fees (If Applicable) n Escrow Fee n Commissions (Per Listing Agreement) n Tax Certification n Attorney Document Prep Fees for Deed & Release(s) n Homeowner’s Transfer Fee (If Applicable) n Guaranty Fee n Any Other Cost as Outlined in Contract

NEGOTIATED UNDER CONTRACT: n Survey n Homeowner’s Association Transfer Fees & Resale Certificate/Docs Fees n Home Warranty n City Transfer/Conveyance Tax n Bonds or Assessments