Your Pioneer Title Agency Escrow Officer will explain your Settlement Statement following his or her receipt of the lender’s package. That said, this is a general guide to who pays what.
Seller can generally expect to pay:
- Owner’s title insurance policy premium
- Real estate commission
- 1/2 of the escrow fee
- Any loan charges required by Buyer’s lender, if specified in the purchase contract
- Loan payoff, plus interest charges including but not limited to statement, reconveyance and/or prepayment fees.
- Any repair work, specified in the purchase contract
- Home Warranty, if specified in the purchase contract
- Any encumbrance of record against the seller
- Recording charges to clear all documents of record against the seller
- Prorated property taxes and/or delinquent taxes to date of close
- Unpaid HOA dues or assessments
- HOA transfer fee, if specified
- HOA Disclosure Statement
Buyer can generally expect to pay:
- Lender’s title insurance policy premium
- 1/2 of the escrow fee
- All new lender charges except those required by lender for seller to pay
- Recording charges
- Interest on new loan
- Hazard insurance premium
- Property tax impounds as required by new lender
- Advance HOA management payments (if applicable)
Note: FHA, VA, and other specialty loans may have specific fee stipulations.
Pioneer Title Agency is a full service company with an operating philosophy of "Commitment to Service." The company provides title insurance, escrow, account servicing, trustee sales, as well as builder related trust services through more than 70 offices in Arizona. 
