Question:
“What costs should I expect to pay when I buy a home?”
Answer:
Division of costs vary by geographic region. In San Diego, the buyer usually pays:
- Home inspection + any other inspections (except termite)
- Half the escrow fee
- Lender’s policy of title insurance
- Notary & recording fees for loan documents
- All new loan charges (credit report, appraisal, points, etc.)
- Prorated loan interest
- Prorated property tax
- Prorated HOA fee
- Fire insurance for first year
