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 | |
Home inspections | |
Attorney’s fees | |
Survey charge | |
Transfer tax or other government registration fees | |
Brokerage commission | |
Total |
Reprinted from REALTOR® Magazine Online by permission of the NATIONAL ASSOCIATION OF REALTORS®. Copyright 2003. All rights reserved.
Courtesy of Metro Realty, REALTOR®