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Net Profits at Closing

When you realize that you have finally sold your home mixed emotions may fill your mind. This is your home, not just another item that can be tossed out on the street. This is the place that filled you with joy and memories for many years.

You may instantly remember where your child took their first step, the holiday parties you had with your family, or just the simple moments you spent at home. These are all very emotional things and they will be hard to let go of.

Another thing that you may think of is money. This is perfectly natural as once you have went to the trouble and potential stress of selling your home you will want to know what this means monetarily for you.

Unfortunately it can be very confusing figuring out what you will net from the potentially large sum of money that you will be getting. I have taken the trouble of trying to help by adding this cost for sellers chart to help you figure out what you will end up receiving from the sale of your home.

If for any reason you have any questions I am always available for comment or questions as needed. It is my pleasure to help you!

Closing Costs for Sellers

Totals

Mortgage Payoff (include any outstanding interest payments)

 

Real estate taxes (Anything prorated for the year)

 

Monthly bills (prorated utilities, sewage, etc.)

 

Any closing fees charged by loan originators, specialists, etc.

 

Title Fees

 

Home Inspection Costs

 

Attorney Fees

 

Survey Charges

 

Transfer Tax and any other government fees

 

Brokerage and Agent Commissions

 

Final Total

 

It is best to keep in mind that you may not have every one of these costs. This will certainly bring your total up or down depending on your situation. This list was put together as a complete work up of possible costs that you would incur.


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