Courtesy of Debra Franklin, REALTOR®
What You’ll Net at Closing
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.
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Closing Costs for Sellers |
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Mortgage payoff and outstanding interest |
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Prorations for real estate taxes |
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Prorations for utility bills, condo dues, and other items paid in arrears. |
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Closing fees charged by closing specialist. |
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Title policy fees |
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Home inspections |
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Attorney’s fees |
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Survey charge |
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Transfer tax or other government registration fees |
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Brokerage commission |
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Total |
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www.REALTOR.org/realtormag Reprinted from REALTOR® Magazine Online by permission of the NATIONAL ASSOCIATION OF REALTORS® . Copyright 2003. All rights reserved.
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Equal Housing Opportunity. This material is based on information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete and should not be relied on as such. This offering is subject to errors, omissions, change of price or withdrawal without notice.