The lender will want to handle the payment of taxes and will ask you to prepay up to 8 months taxes. You may select your own home insurance company, but the lender will want to control the payments. He may ask for up to 14 months of prepayment. A one-time fee charged by the lender for setting up tax payments. Title Insurance Seller insures that he is giving you clear title to the property.
Points are negotiable between the buyer and seller but are usually paid by the buyer.
Appraisal Customary for the seller to pay on resale properties. Buyer pays on new home construction. This is the fee that the seller agreed to pay when the home was listed. The agents and their companies have formulas for splitting this amount. Existing Mortgage Prepayment Penalty Paid by the seller to his mortgage company.