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<< Display all Seller Tips
What You’ll Net At Closing
Closing Costs for Sellers
$$$
Sale Price
$
Mortgage balance and outstanding interest
(Caution, do not forget to add one months interest)
2nd Mortgage balance and outstanding interest
Home equity loan or bridge loan
Prepayment penalty on Mortgage (FHA – 30 day notice)
SALE PRICE / SUBTOTAL
$
(Caution, do not forget to add one months interest)
| Proration of real estate taxes (Jan 1st to day before closing X proration %) |
|
| State transfer fee (.003 X Sale Price) | |
| Title policy (.006 X Sale Price) (It could be a lot less if you can find your old policy) |
|
| City letters | $50 |
| Special assessments | |
| Proration of municiple sewer and/or water | |
| Recording of mortgage (approximately $13 each) | |
| Home warranty $419 – click here for warranty information ($389 for condominiums, $569 for duplexes) |
|
| Discount points | |
| Proration of rents | |
| Code compliance / Occupancy permit see here for info | |
| Septic, water & well inspections / tests | |
| Miscellaneous expenses & Buyer costs (Buyer closing credits, liens, judgements, etc.) |
|
| Brokerage service fee | |
| TOTAL COSTS | $ |
| Sale Price / Subtotal | |
| Less total costs | |
| ESTIMATED NET PROCEEDS | $ |
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Mark, I wanted to thank you for your assistance with the home finding process. You really made a HUGE impact on us finding a home quickly, especially with us being out of state and not able to look at a lot of properties and neighborhoods in person. We really appreciated your help and hard work on this one! I definitely will be referring you to our HR dept. for future relocations.... 




