To find out how much money you’ll net from your house, add up your closing costs and subtract them from the sale price of the house.
|Closing Costs for Sellers|
|Mortgage payoff and outstanding interest|
|Prorations for real estate taxes|
|Prorations for utility bills, condo dues, and other items paid in arrears.|
|Closing fees charged by closing specialist.|
|Title policy fees|
|Transfer tax or other government registration fees|
Reprinted from REALTOR® Magazine Online by permission of the NATIONAL ASSOCIATION OF REALTORS®. Copyright 2003. All rights reserved.
Courtesy of Metro Realty, REALTOR®