Closing Property Title With Mortgage In Alameda
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If you don't, or if you simply want extra copies, just ask your real estate agent. Agents and brokers are obliged to maintain a record of every transaction and should be able to give you copies of the related documents. In addition, the closing documents are usually held by the closing agent or escrow officer.
In Southern California, the seller customarily pays the premium for title insurance. It has been the practice in Northern California that the buyer customarily pays the premium for title insurance, or occasionally the premium is split between buyer and seller.
Buyers have the liberty to select the California title company that aligns with their preferences, financial considerations, and trusted recommendations from professional real estate agents or lenders.
A rough calculation of escrow fees in California usually comes out to $2 per $1,000 of the property, plus $250.
The specifics on who pays the transfer tax in Alameda County are sometimes up for negotiation, but usually the buyer pays. Clever Real Estate can help you cut costs here — our concierge team will partner you with an experienced agent who can help you negotiate a good deal with your buyer on transfer taxes.
