• Home
  • Search Streeterville Real Estate
    • Streeterville Single Family Homes
    • Streeterville Condos
    • Streeterville Rentals
    • Streeterville Lofts
    • Streeterville Townhomes
    • Streeterville Land
    • Streeterville 2 to 4 Unit Buildings
    • Streeterville Multi-Unit Properties
    • Streeterville Commercial Properties
  • Streeterville High Rise Info
    • Big List of Streeterville High Rises
    • Streeterville High Rise Units for Sale
    • Streeterville High Rise Units for Rent
  • Understanding Streeterville
    • Streeterville Interactive Market Data
    • Understanding Streeterville
  • Streeterville Schools
    • Ratings and Reviews
    • Streeterville Schools
      • Home Search in: Ogden Elementary School District
      • Home Search in: Wells High School District
  • Guides for Buyers
    • The Buying Process
    • Who Pays for What?
    • Transfer Taxes by Chicagoland Municipality
  • About Our Team
    • About Our Agents – ChicagoHome Brokerage Network at @properties
    • The ChicagoHome Brokerage Network Websites
  • Sell with @properties

StreetervilleChicagoHomes.com

StreetervilleChicago.com | All Listed Streeterville Real Estate for Sale & Rent | Top agent team covering all of Streeterville and Surrounding Neighborhoods | ChicagoHome Brokerage Network at @properties | be local - don’t be a lead

You are here: Home / Guides for Buyers / Who Pays for What?

Who Pays for What?

wdt_ID SALE PRICE TYPICAL COST WHO PAYS?
1 COMMISSION 6% of PURCHASE PRICE SELLER
2 APPRAISAL $250-$500 BUYER
3 CREDIT REPORT $30-$75 PER BORROWER BUYER
4 INSPECTION FEE $350+/VISIT BUYER
5 LENDER-DIRECT UNDERWRITING FEE $750-$1,000 BUYER
6 PROCESSING FEE $150 BUYER
7 FLOOD CERTIFICATE $50-$100 BUYER
8 TAX SERVICE $85-$200 BUYER
9 ATTORNEY FEE $600-$1,000+ BOTH
10 SETTLEMENT CLOSING $250-$1,000 BUYER
11 TITLE INSURANCE (BUYER) $250-$1,000 BUYER
12 TITLE INSURANCE (SELLER) $300-$2,000 SELLER
13 RECORDING FEE $75-$250 BOTH
14 STATE TRANSFER TAX $1.50 PER $1,000 SELLER
15 COUNTY/CITY TRANSFER TAX $3.00 PER $1,000 SELLER
16 CHICAGO CITY TRANSFER TAX* $7.50 PER $1,000 BUYER
17 SURVEY $500 - $1,000 SELLER
18 INTEREST PER DAY LOAN AMOUNT X RATE/365 BUYER
19 ESCROW TAXES 1-5 MOS. (IF APPLICABLE) BUYER
20 ESCROW INSURANCE 1-5 MOS. (IF APPLICABLE) BUYER
21 TAX PRORATION 105-110% OF LAST TAX BILL SELLER

TAX PRORATION SELLER ESTIMATED CLOSING COSTS COURTESY OF PROPER RATE®. Prices subject to change. Actual costs vary per lender, loan amount, property type and other factors.

*Property transfer taxes vary per local jurisdiction or township. Please consult your real estate attorney to obtain the best possible estimate for taxes and other closing costs.

Featured Agents:

  • Laura Rube | ChicagoHome Brokerage Network at @properties
    Laura Rube, Broker
  • Carrie Madej | ChicagoHome Brokerage Network at @properties
    Carrie Madej, Broker
  • Tricia Konrath | ChicagoHome Brokerage Network at @properties
    Tricia Konrath, Broker
  • Sonia Madden | ChicagoHome Brokerage Network at @properties
    Sonia Madden, Broker
  • Kristin Thompson | ChicagoHome Brokerage Network at @properties
    Kristin Thompson, Broker
  • Alison Pepera | ChicagoHome Brokerage Network at @properties
    Alison Pepera, Broker
  • Laura Kelly | ChicagoHome Brokerage Network at @properties
    Laura Kelly, Broker
  • Kim Brychel, Broker | ChicagoHome Brokerage Network at @properties
    Kim Brychel, Broker
  • Ben Baran | ChicagoHome Brokerage Network at @properties
    Ben Baran, Broker
  • Jon Khomutov | ChicagoHome Brokerage Network at @properties
    Jon Khomutov, Broker
  • James Konrath | ChicagoHome Brokerage Network at @properties
    James Konrath, Broker

Connect with Us:

  • Email
  • Phone
75+ Sites Banner | ChicagoHome Brokerage Network

Visit Nearby “Network” Neighborhoods:

MillenniumParkHomes
GoldCoastChicagoHomes
SouthLoopHomes.com
LincolnParkHomes.com
OldTownChicagoHomes

Moving to Evanston?
Moving to Winnetka?
Moving to Wilmette?
Moving to HighlandPark?

Streeterville: Local Information

Streeterville Schools Info
Streeterville Interactive Market Data
Understanding Streeterville

Search Sites by Property Type:

Lofts1.com
Apartments1.com
HighRises1.com

About ChicagoHome Brokerage Network at @properties

Thinking Real Estate
be local… not a lead

See all ChicagoHome Brokerage Network Websites

Sell faster,
for more,
choose:
@properties

Powered by:

BucktownHomes.net | ChicagoHome Brokerage Network at @properties

Copyright (c) 2019 Internet Holdings, LTD • streetervillechicagohomes.com • Log in

Terms of Service |  Privacy Policy |  Contact Us

For Consumer Use only - Use of Site means acceptance of Terms of Service

ChicagoHome Brokerage Network at @properties | 548 W. Webster, Chicago, IL 60614 | 312-361-8336

Cleantalk Pixel

Dynamic title for modals

Are you sure?

Please confirm deletion. There is no undo!