What are some costs associated with selling my home?
Besides the costs related to making repairs and improving the overall appearance of the home, as the seller you will also need to pay the following: • A real estate commission, if you use an agency to sell. • Advertising costs, marketing materials, and other fees if you sell the home yourself. • Attorney, closing, or other professional fees. • Title insurance fees. • Excise tax for the sale. • Prorated costs for your share of annual expenses, such as property taxes, homeowner association fees, and fuel tank rentals. • Any other fees normally paid by sellers in your area, including points, survey, and appraisal fees. • To get a better handle on all costs, ask a real estate agent for a sample “net-out” sheet. Agents such as a Certified Seller’s Agent deal with this information daily and can give you a pretty good estimate of the closing costs you can expect to pay.
