Page 30 - Home Buyers and Sellers Guide - Hawaii
P. 30
BUYER VS. SELLER COSTS
Standard Allocation of Closing Fees
BUYER COST SELLER COST
40% of the premium for standard coverage title 60% of the premium for standard coverage title
insurance and any additional cost relating to the insurance
issuance of extended coverage policy
50% of Escrow Fee 50% of Escrow Fee
Lender’s Policy Cost of drafting conveyance documents and bill
of sale
Cost of obtaining Buyer’s consent Cost of obtaining Seller’s consent
Buyer’s notary fees Seller’s notary fees
Cost of drafting mortgage or agreement of sale Cost of required staking or survey
All recording fees except documents relating to Recording fees to clear Seller’s title
clear Seller’s title
Condominium and association ownership Cost of required condominium and association
transfer fee documents
FHA or VA discount points and any mortgage FHA or VA mandatory closing fees
fees
Cost of required termite inspection report
Conveyance Tax
FIRPTA (Federal Withholding Tax)
Visit oldrepublictitle.com/hawaii and
use our Online Netsheets tool to calculate
your estimated fees. HARPTA (State Withholding Tax)
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