Information Buyers Sellers Need About Closing On Your Home

Who Pays for What?
The Buyer Pays For...
- Title insurance policy premium
- Loan fees and interest on loan
- Recording charges for all documents in the Buyer’s name and half the transfer taxes
- Hazard insurance premium for first year
- Property tax and insurance impounds, as required by new lender
- Prorated property taxes to date of close
- HOA fees, initiation, monthly/annual dues (if applicable)
- Real Estate Commission (if applicable)
The Seller Pays For...
- Real Estate commission (if applicable)
- Payoff of Mortgage or other encumbrances
- Final water, sewage and garbage bills
- Preparation of new deed
- Inspections and repair work as specified by the purchase contract
- Prorated property taxes and or delinquent taxes to date of close
- Transfer taxes (half)
- Home Warranty (if specified)
- Transfer of HOA (if applicable)
For Sale By Owner (FSBO)
When it comes to selling your home, we always recommend partnering with a trusted professional. Real estate agents are equipped to provide expert property advice, accurately assess market value, offer strategic marketing support, and skillfully negotiate on your behalf, ensuring your home stands out. However, if you're considering selling on your own, Laurel Settlement Group can assist. Our services are tailored for the independent, hands-on homeowner who is prepared to take on the responsibilities of a real estate agent, ensuring a smooth and successful FSBO (For Sale by Owner) experience.



Work with Laurel Settlement Group Today
Would you like to learn more? Give us a call today at 724-744-8016 or complete our Contact Form. We’ll respond to your request as quickly as we can. The success of your real estate transaction is important to us.
Why Use Laurel Settlement?
At Laurel Settlement Group, we strive to make your experience with buying a home, building a home or refinancing your existing home, an easy and pleasant experience. Our team has over 25 years’ experience in the field of real estate, and we have combined our expertise and knowledge to streamline this process for our customers.
- Cash, For Sale By Owner and Lender Transactions
- On-staff Attorney licensed to practice in the Commonwealth of Pennsylvania.
- Licensed Title Insurance Agent for Chicago Title Insurance Company.
- Current Member of PA Land Title Association.
- Associate Member of AAPL.
- Top 50 Award - Top 50 Producing Agents for Chicago Title Insurance Company in 2021, 2022 and 2023.