Closing Costs For Selling Home

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What will closing costs be when I sell my home for 275000? Asked by Ken O’brien, Sendero Springs, Round Rock, TX Thu Jan 20, 2011. I am selling my home for 275000. What will the closing costs be ? I am willing to pay 3% to rel estate agent.

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What is seller closing cost when selling your home in Arizona? When you sell your home in Phoenix AZ, there are fee a associate with selling your home.One of the larger cost of selling home in Phoenix AZ is commission to be paid to Realtors that involved in the transaction.

 · After preparing their home for selling, they hire a Realtor and list their house for sale on the Long Island MLS for $350,000. After a few weeks of being on the market they find a buyer and sell their home for $342,500. What will Mike and Amanda expect to pay for closing costs?

The closing costs on a real estate purchase are the variety of fees that you will have to pay to finalize your sale. These fees can vary significantly depending on a variety of factors and can add up considerably, regardless of which side of the table you will be on.

Your Home Value. The first step before putting your home on the market is determining the value of your home. This will obviously play a big part in how much your closing costs will be, considering most closing costs (seller contribution & commissions to name a few) are based on percentages of the selling price.

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 · Closing costs and prepaids factor into mortgage loan comparisons. Understanding what is included in closing costs for buying a house and the difference between prepaids, closing costs and other fees associated with closing can help you shop for lower mortgage rates.

If your local real estate market is sluggish, buyers may also ask you to pay all or a hefty portion of the closing costs, which typically add up to 2% to 4% of the selling price. Transfer tax. Your city or state may require you to pay transfer taxes, as a small percentage of the sale price. Home warranty for the buyer.

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