Settlement Guide
Local Industry Standards
The following charts reflect local industry standards. All costs are negotiable according to the Purchase and Sales Agreement.
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Buyer
Seller
Shared Equally
* Can be paid by either buyer or seller.
Refer to the Purchase and Sales Agreement.
Buyer
Seller
Shared Equally
* Veterans cannot pay these costs.
** Can be paid by either party in the transaction.
Refer to the Purchase and Sales Agreement.
Buyer
Seller
Shared Equally
Reimburse Impound Account
X
* Can be paid by either buyer or seller.
Refer to the Purchase and Sales Agreement.
Buyer
Seller
Shared Equally
* Buyer cannot pay these costs.
** Can be paid by either buyer or seller.
Refer to the Purchase and Sales Agreement.
IHA Loan - VA or FHA Conventional
All VA, FHA, and Conventional rules apply
VA Loan
See VA Loan Section
Conventional Loan
See Conventional Loan Section