What are the Costs Associated with Selling a Home?
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Realtor® commission
The commission is shared between the buyer’s agent and the seller’s agent.
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Your mortgage
The balance of your loan will be due at closing.
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Prorated property taxes
You are responsible for the property taxes until you turn over the deed.
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Attorney fees
It varies by attorney. The seller must retain an attorney to prepare the purchase contract and conduct the closing.
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Home inspection
It’s a good idea to have a home inspection before you list the house to show that there are no hidden problems.
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Transfer City and local taxes and fees
These vary by city and municipality. Your Weichert Sales Associate can let you know the specifics.
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Moving
Whether you do this yourself or hire packers and movers, there are costs associated with relocation.
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Homeowner’s association and Co-op fees
You’ll have to pay any monies owed to your HOA and Co-op Board Association. Some homeowner’s associations charge a transfer fee.
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Any buyer’s incentives
If you’ve agreed to pay any of the closing costs for the buyer or purchase a home warranty, this will paid at closing.
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