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Answers (2)
- msminnie
- Contributions:290
Called_Out
If a buyer asks you to pay 'their' closing costs add another 3 or so percent...
Just accepted an offer on my house....they offered full asking price and we pay their closing costs of $8700.0.....In my state, Washington you also have to pay 1.78% to the state.
As a seller it's costing me about 13%....approx $30,900 taken right off the top....In my state, Washington you also have to pay 1.78% to the state.
Hope this gives you an idea of what you could end up paying for selling your house....
If a buyer asks you to pay 'their' closing costs add another 3 or so percent...
Just accepted an offer on my house....they offered full asking price and we pay their closing costs of $8700.0.....In my state, Washington you also have to pay 1.78% to the state.
As a seller it's costing me about 13%....approx $30,900 taken right off the top....In my state, Washington you also have to pay 1.78% to the state.
Hope this gives you an idea of what you could end up paying for selling your house....
- Maureen Francis _MI_
- Contributions:24
Called Out,
In addition to the commission, you will pay transfer tax, which is $8.60 per thousand of the sales price, and title insurance. Title insurance varies depending on the sales price too. We have a chart to look it up on. If you bought recently you can turn in your old policy and get a discount.
You will get money back from the tax prorations.
You could pay for other things, as negotiated, like a home warranty or buyer's closing costs.
Maureen Francis
In addition to the commission, you will pay transfer tax, which is $8.60 per thousand of the sales price, and title insurance. Title insurance varies depending on the sales price too. We have a chart to look it up on. If you bought recently you can turn in your old policy and get a discount.
You will get money back from the tax prorations.
You could pay for other things, as negotiated, like a home warranty or buyer's closing costs.
Maureen Francis
Average Closing Costs?
What is the average costs to sell a house? I know that there will be a 6% real estate commission fee, but how much will additional costs be (transfer fees, etc.)?
Thanks!
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