In Southern California, what is the custom and practice in residential (1-4 unit) real estate transactions with respect to payment of Escrow Fees and Title Insurance?
January 18, 2010 12:36 AM   Subscribe

In Southern California, what is the custom and practice in residential (1-4 unit) real estate transactions with respect to payment of Escrow Fees and Title Insurance?

Specifically, what is the custom as to who pays for title insurance and who pays for escrow fees, the buyer or the seller? Does this differ in Northern California?
posted by Mr_Crazyhorse to Law & Government (1 answer total)
 
Generally speaking, in California, escrow fees are divided equally between buyer and seller while the buyer pays for the title insurance. This, like any cost of the transaction, is negotiable between the parties.
posted by Old Geezer at 7:44 AM on January 18, 2010


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