Selling Cost
Here are some factors to consider about your closing costs:
- Property Taxes (if prepaid for the year, you may receive a credit. Your lawyer will make these adjustments).
- Utility Costs (if prepaid for the year, you may receive a credit. Your lawyer will make these adjustments).
- Interim Financing
- Real Estate Commissions
- Legal Fees
- Mortgage Fees (discharge)
- Repairs to your home, aesthetically or otherwise. Carpet cleaning is always recommended.
- Moving Company or Moving Equipment
- Storage Fees
- Junk/Garbage Removal
As a general guideline, closing fees are typically 1-3% of your sale price. Sale prices are often (but not always) 95% of your listing price.