Who Pays What in Your County- Title and Escrow Fees
When negotiating for the house of your dreams it is sometimes hard to offer over asking in order to make the offer more appealing to the sellers. Negotiating title and escrow fees can be a smart and helpful tactic to make your offer stand out over the others! In every real estate transaction, the payment of title and escrow fees is negotiable and subject to the terms of the real estate contract, but in most counties, there is a “customary” procedure which is as outlined below:
Placer County:
Escrow Charges: Buyer-Seller 50/50
Title Fees (Owner’s Policy): Seller Pay; Buyer-Seller 50/50 in Auburn
County Transfer Tax (per thousand): Seller pay $1.10
City Transfer Tax (per thousand): None
Sacramento County:
Escrow Charges: Seller Pay
Title Fees (Owner’s Policy): Seller Pay
County Transfer Tax (per thousand): Seller pay $1.10
City Transfer Tax (per thousand): Buyer-Seller 50/50 Sacramento $2.75
Yolo County:
Escrow Charges: Buyer-Seller 50/50
Title Fees (Owner’s Policy): Buyer-Seller 50/50
County Transfer Tax (per thousand): Seller pay $1.10
City Transfer Tax (per thousand): Seller pay $1.10
These figures are just customary, but splitting the title and escrow fees 50/50 can make an offer even stronger and help create goodwill within the transaction. We are here to help guide you and help you make the strongest offer on your dream home!
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