Page 21 - Selling Your Home

Closing Costs Paid by Seller
• Seller’s escrow fee
• Work orders, if required by lender, or agreed
between parties (according to contract)
• Title Insurance Premium
• Real Estate Service Fees
• Payoff of all encumbrances (loans) in seller’s name • Prorated Taxes (prior to date of sale)
• Interest accrued by lender that is being paid off • Prepayment penalties
• Any judgements, tax liens, assessments or
encumbrances placed against property title. • Prorated Homeowner’s Association Dues
• Recording charges to clear all documents of
record against the seller
• Excise Tax: 1.1% - 2.75% based on sale price • Staging Rental Fees
• Projects according to Merchandising Plan
• Final Cleaning
It costs 10% to sell your home... 1.8% Approx. Excise Tax 3% Buyer’s Agent
3% Listing Agent
1% Title & Escrow
1.2% Merchandising Plan