Home Seller Closing Costs

There are a lot of things to consider when you are in the process of selling your home.  Knowing the costs you will incur prior to the sale of your home will help prepare you for what you can expect to get at closing.

Below is a list of the sellers’ approximate home seller closing costs that can be used as a reference through closing on a home:

Legal Fees and Title Costs

  • Attorney Fee — $800 to $1,200

Mortgage Costs

  • Mortgage _______________
  • Mortgage Cancellation Fee $40 to $75
  • Other Outstanding Liens _________________

Realty Transfer Tax

  • Fee is determined based on the selling price of the property

(Here is a link to the full transfer fee schedule: link)

Adjustments

  • Either a credit or charge to adjust for payments made prior to or beyond the closing date
    • Tax ______________
    • Water/Sewer _____________
    • Oil in Tank _____________
    • Home Owner’s Association Fees _____________

Real Estate Commission  _____________

Additional Fees

  • Certificate of Occupancy (if applicable) $50 to $100
  • Smoke Detector Certificate $25 to $50
  • Carbon Monoxide Certificate $25 to $75

Non-Resident Income Tax (Consult your attorney if applicable)


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