Title & Escrow
Plumas County has a top notch local title company to work with and assist buyers and sellers in their transactions,
Cal Sierra Title Company(www.cstci.com) located in Blairsden, Quincy, Chester and Susanville.
The standard custom in Plumas County is that the buyer and seller share equally (50/50) in the cost of escrow and title fees.
FEES: WHO PAYS WHAT?
Recording Fees for Deed Paid By: Buyer
Recording Fees for Deeds of Trust Paid By: Buyer
Title Insurance Policy for Buyer Shared: 50%/50%
Escrow Fees Shared: 50%/50%
County Transfer Tax Paid By Seller: $1.10 per $1,000
City Transfer Tax: Not applicable
Private Transfer Fees (if applicable) Paid By: Buyer in most cases
IN ADDITION, there may be other costs related to a purchase to consider:
Property Inspections Paid By: Buyer
Property Re-inspections Paid By: Buyer
Natural Hazard Disclosures Paid By: Seller
Contractually Negotiated Repairs Paid By: Seller (or both)
Purchase “Credits” Paid By: Seller
Prorations (Taxes, HOA Dues) Paid By: Seller
Property Liens Paid By: Seller
If the property you are buying or selling is a bank owned foreclosure or a short sale, some of the above noted expenses may vary and are subject to negotiations by all parties.