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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.
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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Reprinted from REALTOR® Magazine Online by permission of the NATIONAL ASSOCIATION OF REALTORS®
Copyright 2005. All rights reserved. www.REALTOR.org/realtormag
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