The
process of selling your home involves several costs and fees.
The following information is very general. Many of these items
can be negotiated with the buyer. Consult your real estate
professional for details.
Ø
Real estate commission
Ø
Document preparation fee for
deed
Ø
Documentary transfer tax
Ø
Any city transfer/conveyance
tax (according to contract)
Ø
Any loan fees required by
buyer’s lender
Ø
Payoff of all loans in seller’s
name (or existing loan balance if being
assumed by buyer)
Ø
Interest accrued to lender
being paid off, statement fees, reconveyance
fees and any prepayment
penalties
Ø
Termite work (according to
contract)
Ø
Home warranty (according to
contract)
Ø
Any judgments, tax liens, etc.,
against the seller
Ø
Tax proration (for any taxes
unpaid at time of transfer of title)
Ø
Any unpaid homeowner’s dues
Ø
Recording charges to clear all
documents of record against seller
Ø
Any bonds or assessments
(according to contract)
Ø
Any and all delinquent taxes
Ø
Notary fees
Ø
Escrow fees (according to
contract)
Ø
Title insurance premium
(according to contract)
